Gold & Silver Test Support Levels And Hold

Gold

A weaker U.S. Dollar, under 97, helped the Gold price. It opened in the U.S. today higher at $3,388 per ounce. With many equities trading at record highs, it is putting pressure on precious metal investments.
Gold needs to move back above the $3,300 level to keep its bullish directions.

At 11am today, Gold is trading at $3,294 per ounce, up $19 on excellent volume.

Silver

I watched Silver trade on Sunday in overseas markets and in the U.S. Markets today.
Like Gold, Silver sold-off at the start of trading reaching a low of $35.33 before seeing bargain buying.
Silver moved back over $36 quickly. During U.S. trading the Silver price traded above and below the key $36 per ounce level.

At 11am PT today, Silver is down $0.10 per ounce, trading at $35.98 on strong volume.