Gold & Silver Testing Support Before The Next Move Up

GOLD

Gold reached a high this morning of $3,991.90, as we near the magic $4,000 per ounce number.
Trading was active as the price traded between $3,956 and $3,991 in China and India.
As the market moved into London and the U.S., the price showed good support above $3,965 per ounce.

At 11 am PT today, Gold is up $3,985 per ounce, up $20 on excellent volume.

SILVER

The price of Silver had a lot more volatility today, reaching a low of $47.27 and a high of $48.70 on heavy trading volume.
Silver is showing a lot of resistance at the current level, and may take some time to move above $49 per ounce.

At 11 am PT today, Silver is down $0.90 per ounce, trading at $47.75 on excellent volume.