Gold Trading Back Over The Key $2,000 Resistance Level

GOLD

This morning the U.S. Dollar has dropped (below 103.50) and interest are moving lower (under 4.4% on the 10-Year and what happened to Gold? Higher, briefly moving back above $2,000 per ounce on respectable volume for holiday trading. Gold’s year-end rally has started early and it will be profitable to watch. At 11am PT today, Gold is trading at $1,999 per ounce, up $22 on average volume.

SILVER

Silver rallied with Gold, briefly moving above the $24 per ounce resistance level. Silver is showing excellent support above the $23.50 support level. At 11am PT today, Silver is up $0.29 per ounce, trading at $23.81 on normal volume.

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