Gold & Silver Testing Key Support/Resistance Levels

GOLD

This morning, Gold dropped, reaching a low of $2,472 before finding sizeable buying. The drop in the Gold price was due to a rally in the U.S. Dollar Index, causing the price to move lower in terms of U.S. Dollars. I believe this correction will be brief and Gold will move back to the $2,500 level.
At 11am PT today, Gold is trading at $2,490 per ounce, down $8 with active volume.

SILVER

Silver fell with Gold, reaching a low of $27.67 before finding bargain buyers. As Gold moves higher, Silver will move back toward the $29 level shortly.
At 11am PT today, Silver is down $0.73 per ounce, trading at $28.03 on heavy volume.