Gold Tests Support For The 8th Time This Month Holding At $1,980

GOLD

Fed speaker is in talks of lowering inflation by 2 percent, which puts pressure on market traders and driving the stock market, bitcoin, and Gold lower. The upcoming Fed meeting in May will talk about a pause, which should help Gold pull a reversal in the markets. At 11am PT today, Gold is trading at $1,984 per ounce, down $26.

SILVER

Showing better support than Gold, averaging at $25. Silver continues to test $25 every time gold drops below $2,000. Silver could be the leader of the breakout. At 11am PT today, Silver is trading at $25.13 per ounce, down $0.31.