GOLD AND SILVER SEEING PROFIT-TAKING

GOLD

Gold traded between $2,381 and $2,426 per ounce today. Gold broke down below the key $2,400 per ounce level in late trading today. Demand continues to be strong and I believe Gold will get back above $2,400 by the weekend.
At 11am PT Today, Gold is trading at $2389, down $30 from yesterday.

SILVER

Silver tested key support at the $31 per ounce level and hit a low of $31.05 before seeing bargain buying. $31 per ounce is important and I expect to see more tests of this key level very soon.
At 11am PT today, Silver is down $0.66 from yesterday, trading at $31.21.