Gold Holds While Silver Tests

GOLD

Gold is holding well above the key $1,900 per ounce support level. Gold traded today between $1,905 and $1,920 per ounce on normal volume. Gold should break above $1,950 within the next week, based on excellent demand. At 11 am PT today, Gold is up $7 per ounce, trading at $1,915 on normal volume.

SILVER

Silver tested the $27 per ounce support level this morning, reaching a low of $26.91 before finding support. Silver needs to stay above $27 to remain bullish. At 11 am PT today, Silver is trading at $27.19 per ounce, up $0.14 on good volume.