Gold & Silver Rally Continues, Moving With High Volume

GOLD

A weaker U.S. Dollar and optimism over the Iranian war have helped gold move higher today.
Gold broke above the $4,700 resistance level in overseas trading last night and kept moving, reaching a high of $4,793 before seeing some short-term profit taking.
Today’s strong March job report, showing an increase of 62,000, didn’t have much of an effect on the gold price.

At 11 am PT today, gold is trading at $4,780 per ounce, up $120 on excellent volume.

SILVER

Silver followed gold higher, breaking above the key $75 per ounce resistance level and moving higher.
Silver reached a high of $76.25 this morning, during U.S. trading before finding sellers.

At 11 am PT today, Silver is up $1.15 per ounce, trading at $75.90 on strong volume.