Gold & Silver Moves Below Key Support Levels

GOLD

Based on liquidity concerns to fund margin calls and the worsening news coming from the Iranian war, Gold broke below $4,000 per ounce today.

$4,000 is considered the long-term support level and I trust it will move back above that level by Monday.
I believe this is an excellent opportunity to add to your Gold position.

At 11am PT today, Gold is trading at $4,000 per ounce, down $47 for the day.

SILVER

As Gold was hitting new 2026 lows, Silver was seeing sizeable selling during U.S. trading.

$50 has be considered the long-term support level for Silver and today’s low of $52.91 per ounce is a new 2026 low.

At 11am PT today, Silver is down $1 per ounce, trading at $54 per ounce on average volume.