Silver Shows Resistance At $15.50 Per Ounce Level

Silver Shows Resistance At $15.50 Per Ounce Level

GOLD

Gold continues to rally as the U.S. Dollar Index and interest rates move lower. Trader’s eyes are looking forward to this week’s G-20 meeting and any movement in the Chinese's trade war. At 11am PT today, Gold is trading at $1,416 per ounce, up $18 on excellent volume.

SILVER

With Gold up $18 per ounce, Silver is up $0.12 per ounce this morning. Silver is showing substantial resistance at the $15.50 per ounce level. At 11am PT today, Silver is up $0.12 per ounce, trading at $15.41 on good volume.

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