Gold Continues Its Journey To $1,400 Per Ounce

Gold Continues Its Journey To $1,400 Per Ounce

GOLD

The Gold rally continues, reaching a high of $1,340 per ounce on excellent trading volume. $1,346 is the current 2019 high, I would expect to see a few attempts to break above this important resistance level before Gold continues its journey to $1,400 per ounce. At 11am PT today, Gold is trading at $1,338 per ounce, up $8 on excellent volume.

SILVER

Silver reached $15 per ounce again this morning, Silver’s second attempt to breakout above this important resistance level. Physical demand is picking up in Asian and Middle-Eastern markets. At 11am PT today, Silver is up $0.11 per ounce, trading at $14.91 on good volume.

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