Gold And Silver Have Large Trading Ranges

GOLD

Today, in all the precious metal markets around the globe, traded between $3,946 and $4,023 per ounce.
It's clear that traders are looking to establish a new trading range, with support and resistance.
However, it's now eight weeks in a row that Gold has increased in volume.

At 11 am PT today, Gold is trading at $3,990 per ounce, up $35 on excellent volume.

SILVER

Silver traded today between $48.85 and $51.17 per ounce as it trades to build a base above the key $50 per ounce level.

At 11an PT today, Silver is up $0.85 per ounce at $50.03 on excellent volume.