Gold Price Is Reaching 3-Week Highs

GOLD

Gold broke out above the $2,050 per ounce resistance level in early trading and reached a high of $2,062 before seeing selling. Gold staying above the $2,050 level till the end of the year would be very bullish for 2024.
At 11am PT today, Gold is trading at $2,055.50 per ounce, up $16.50 on light volume.

SILVER

Silver could hold above the important $24.40 level; it sold down to $24.18 before finding bargain buyers. With Gold showing excellent price strength, it's important that Silver get back over $24.50 soon.
At 11am PT Today, Silver is down $0.10 per ounce, trading at $24.20 on light volume.