Gold Showing Resistance In The Markets

GOLD

Gold traded today between $1,831 and $1,839 as the market awaits the release of the Fed minutes from the central bank’s last meeting. Right now, Gold has considerable resistance at the $1,850 price level. At 11am PT today, Gold is trading at $1,833 per ounce, down $2 on average volume.

SILVER

With the weakness in the Gold price, Silver has found excellent demand and support above the $21.50 price level. At 11am PT today, Silver is trading at $21.65, down $0.19 on active trading.