Gold & Silver testing key support levels

Gold & Silver testing key support levels

GOLD

During overseas trading this morning and in the U.S. gold is finding support above the $4,100 level,
while seeing resistance at $4,200 per ounce.
Trading volume is strong especially in London, where many central banks purchase.
At 11am PT today, gold is trading at $4,127 per ounce, down $55 on strong volume.

SILVER

Silver reached a low of $61.45 this morning in U.S. trading before finding bargain buying.
The $60 level is the key long-term bullish support level. Silver could test that level shortly.
At 11am PT today, silver is down $3.50 per ounce, trading at $61.80 on excellent volume

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