Gold And Silver Back On The Bullish Track

GOLD

This week’s trading started in China last night. The Gold price quickly moved up $25 when China’s market opened.
By the time trading moved to London, Gold reached a high of $4,350 per ounce. The selling came in the U.S. when Gold broke below the $4,300 level.
During U.S. trading, Gold moved above the $4,300 level.

At 11 am PT today, Gold is trading at $4,308, up $15 on strong volume.

SILVER

Last week, Silver traded between $57.25 and $64.45 as Silver was consolidating its recent gains and building a firm base above the $60 resistance/support level.
As this week’s trading started in China and India, Silver rallied $0.50 higher. In late Indian trading, Silver moved above $63 per ounce.
Silver stayed strong in London, briefly breaking above the $64 level, reaching a high of $64.14 per ounce. Silver followed Gold lower in the U.S, but recovered in late trading.

At 11 am PT today, Silver is up $2.02 per ounce, at $63.52 on excellent volume.