Silver Showing Excellent Support

Silver Showing Excellent Support

GOLD

Concerns over U.S.-China trade talks and Brexit are keeping pressure on the world’s equity markets. The DJIA opened down another 300 points, very close to the 24,000 support level. Gold is staying in the $1,240 to $1,250 trading range as it digest recent gains. At 11am PT today, Gold is trading at $1.244 per ounce, down $3 on excellent volume.

SILVER

Silver is showing excellent support in the $14.50 to $14.60 range. Earlier this morning, there was sizeable short-term profit taking when Silver was trading around $14.62 per ounce. At 11am PT today, Silver is down $0.05 per ounce, trading at $14.53 on good volume.

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