Gold took a run at $1,350

GOLD

Gold took its first run at the next resistance level of $1,350 per ounce, reaching a high today of $1,349.50. We should see another move to break above $1,350 within days. At 11am PDT today, Gold is up $12 per ounce, trading at $1,345 on good volume.

SILVER

When Gold rallied to almost $1,350 per ounce, Silver quickly moved higher, reaching a high of $18.15 per ounce before moving back and holding above the key $18 support/resistance level. At 11am PDT today, Silver is trading at $18.02 per ounce, up $0.15 per ounce on excellent volume.