Gold Building Firm Base Over The $2,900 Level

Gold Building Firm Base Over The $2,900 Level

GOLD

Gold traded today between $2,889 and $2,927 per ounce, and most of the time Gold was firmly over $2,900. Its important that Gold builds a firm base above $2,900 to provide the support needed to move to the $3,000 level.

At 11am PT today, Gold is trading at $2,913 per ounce, down $7 on average volume.

SILVER

Silver is trying to build a firm base at the key $32 per ounce level today. Silver reached a low of $32.20 in early trading and quickly moved higher.

At 11am today, Silver is trading at $32.65 per ounce, up $0.05 for the day.

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