Gold And Silver Actively Trading Around Support Levels

GOLD

Trump’s budget bill just passed in the House and is on the way to the Senate. This bill could add $4 trillion to the U.S. debt, which would be bad for our country but bullish for the Gold price. Gold traded today between $3,277 and $3,345 in overseas trading and in U.S. markets. Staying above $3,300 would be short-term bullish for the Gold price.

At 11am PT Today, Gold is trading at $3,295 per ounce, down $19 on excellent volume.

SILVER

SILVER
Silver has had a wide trading range today, between $32.56 and $33.82 as it builds a firm base above the key $33 per ounce resistance level. Trading volume in Asia is showing a good increase in new buying.

At 11am PT today, Silver is trading at $33.10 per ounce, down $0.26 on good volume.