Gold Moving Up Strongly, Setting New All-Time Highs

GOLD

Gold continued higher this morning on high trading volume, breaking above the key $2,100 per ounce resistance level. Today’s Gold rally is strong moving toward $2,120 per ounce with very light volatility, just a steady move higher with a good amount of trading volume. At 11am PT today, Gold is trading at $2,114 per ounce, up $28 on good volume.

SILVER

Silver moved higher with Gold this morning, reaching a high of $23.82 per ounce before seeing some light profit-taking. Considering recent trading activity, it would be healthy for Silver to stay in the $23 to $23.50 range for a few days. At 11am PT today, Silver is up $0.55 per ounce, trading at $23.80 on good demand.