Gold is finally on the move

GOLD

A slightly weaker U.S. Dollar based on reports of a stronger equity market in Europe and Gold is finally on the move. Gold finally broke out today, moving above the $1,280 and $1,290 per ounce levels, on its way to test the important $1,300 major resistance level. At 11am PST, Gold is trading at $1,292 per ounce, up $14 on excellent volume.

SILVER

Silver followed Gold higher, reaching $17.42 per ounce before seeing sellers. Next week could be an exciting time for Gold/Silver investors. At 11am PST today, Silver is up $0.20 per ounce, trading at $17.26 on good volume.