Gold & Silver Building Firm Base For The Next Leg Higher

Gold & Silver Building Firm Base For The Next Leg Higher

GOLD

After two weeks of U.S. strikes on Iran, last weekend there were no strikes by the US military against Iran.
Based on that news, Gold reached a high of $4,119 this morning in early Chinese trading.
Gold trading was strong as it moved to India and London, but concerns as to what
is happening caused some selling when trading moved to the U.S.

At 11 am PT today, Gold is trading at $4,077 per ounce, up $13 on average volume.

SILVER

Silver briefly moved above $60 per ounce during Chinese trading, but selling came in in India and London.
Silver is showing good support above the $58 per ounce level.

At 11 am PT today, Silver is down $0.10 per ounce, at $58.57 on normal volume.

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