Gold & Silver Testing Support And Building A Firm Base

GOLD

Gold traded today between $2,714 and $2,743 as it builds a firm base above the key $2,700 level. With solid trading in Asia, London, and the U.S. markets, Gold is showing active two-way trading which is very healthy for near term market support.

At 11am PT today, Gold is up $21.00, trading at $2,636 on good volume.

SILVER

Silver is showing a lot more volatility than Gold. With a high last night and this morning, Silver has traded at $34.36 per ounce and a low of $33.22. Silver needs to build a firm base over $33 per ounce.

At 11am PT today, Silver is trading at $33.62 per ounce, up $0.07 on excellent volume.