Gold & Silver Still Testing Key Support Levels

GOLD

In overnight trading, Gold showed excellent support in China, India, and London, staying over $5,100 per ounce. When trading moved into the U.S., we saw selling. Gold reached a low of $5,018 before finding buyers during U.S. trading.

At 11am PT today, Gold is trading at $5,048 per ounce, down $60 on average volume.

SILVER

Silver saw the same thing as Gold. Strength during Chinese, Indian, and London trading, staying above $84 per ounce. But saw selling in the U.S., reaching a low of $79,35 before bouncing back.

At 11am PT today, Silver is trading at $80.85 per ounce, down $4 on normal volume.