Gold And Silver Testing Support Levels

GOLD

Gold reached a high of $4,374 per ounce today, driven by a low CPI (2.7%) and a weaker U.S. Dollar.
During U.S. trading, gold saw profit-taking, and Gold dropped to $4,308 per ounce.
Gold found serious buying after testing the $4,300 support level.

At 11 am PT today, gold is trading at $4,328 per ounce, down $8 for the day.

SILVER

After reaching an all-time high of $66.92, I saw profit-taking in all the overseas markets and in New York.
Silver reached a low in New York of $64.61 before seeing fresh buying.

At 11 am PT today, Silver is down $1.00, trading at $65.20 on average volume.