Gold & Silver See Profit Taking After The Recent Rally

GOLD

After a $53 rally in the past two days, Gold finally saw some profit-taking today. Gold reached a low of $2,370 this morning, down $18 before finding bargain buying. I expect to see Gold trade between $2,350 and $2,400 for a while. This is subject to change quickly on any unexpected economic or geopolitical news.
At 11am PT today, Gold is trading at $2382, down $11 per ounce.

SILVER

Silver hit a high of $29.91 yesterday before seeing light selling on the close. Today, Silver opened lower and reached $29.27 before finding buyers. Hopefully, Silver can stay above $29 for the next few days to find support.
At 11am PT Today, Silver is trading at $29.68, down only $0.02 from yesterday.