Gold Trading Over $3,300 With U.S. Dollar Back Over 100

GOLD

In today’s Gold trading, we saw a lot of volatility with a $120 high/low price range. During overseas and domestic trading, Gold reached a high of $3,416 and a low of $3,296 per ounce. This volatility is being caused by tariff and trade news coming from the white house and the value of the U.S. Dollar.
At 11am PT today, Gold is trading at $3,305 per ounce, down $85 on heavy volume.

SILVER

Right now, Silver is showing excellent support above $32, while having sizable resistance at the key $33 per ounce level. Silver is not showing the type of volatility that we are seeing with Gold.
At 11am PT today, Silver is down $0.20 per ounce, trading at $32.50 on excellent volume.