Gold Getting Ready For The Next Move Higher

GOLD

The Gold price is firming up today, trading between $2,018 and $2,030 per ounce as it gets ready for the next move higher. The U.S. Dollar and Interest rates are staying in a tight range, giving no direction to the financial markets. At 11am PT today, Gold is up $7 per ounce, trading at $2,024 on average volume.

SILVER

Silver showed excellent support at $25.50 in Asian and European trading. Silver has traded between $25.50 and $25.80 as it waits for the next attempt to break the key $26 per ounce resistance level. At 11am PT today, Silver is down $0.10 per ounce, trading at $25.60 on normal volume.