GOLD AND SILVER TEST KEY SUPPORT LEVELS
GOLD
Gold traded today between $2,335 and $2,384 after breaking below the $2,400 support level. After breaking the $2,400 and $2,350 support levels, I do expect to see $2,300, a key long-term support level, to be tested and hold.
At 11am PT today, Gold is down $55, trading at $2,334 per ounce.
SILVER
In late trading yesterday, Silver firmly broke below the $31 per ounce support level. Silver reached a low of $30.06 per ounce early this morning before finding sizeable demand, which drove up the price $0.50 per ounce.
At 11am PT today, Silver is trading at $30.20 per ounce, down $1.01 on heavy volume.






