Daily Market Report 3/13/17

GOLD

This morning Gold reached a high of $1,211 in Asian trading. Gold has stayed above the key $1,200 support level today, which is a good indicator that the recent bear trend is over. At 11am PST today, Gold is trading at $1,204 per ounce, up $1 on excellent volume.

SILVER

This morning, Silver has trade between $16.93 and $17.17 per ounce in Asian, Middle Eastern, and European markets. Staying above the $17 per ounce support level is important for the Silver to remain short-term bullish. At 11am PST today, Silver is up $.04 per ounce, trading at $17 per ounce on good volume.