Markets Moving Higher; Silver Breaks Resistance

Markets Moving Higher; Silver Breaks Resistance

Gold

As impeachment articles head to the Senate and we sign a Phase 1 trade agreement with the Chinese, Gold is heading higher. After reaching a low of $1,534 yesterday, this morning Gold has moved back above the key $1,550 support/resistance level. At 11am PT today, Gold is trading at $1,556 per ounce, up $11 on good volume.

Silver

Silver found strong support above $17.70 yesterday and continues to move higher with Gold today. Silver tested and just broke above the key $18 resistance/support level. At 11am PT today, Silver is up $0.25 per ounce, trading at $18.01 on good volume.

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