The Gold Bull/Bear War At $4,000 Continues

GOLD

In overnight trading, Gold started in Australia, where it reached a low of $3,962 and started moving higher. By the time Gold trading opened in China, it was $3,996 per ounce and moving higher. As Gold trading moved to London, it was trading above and below $4,000. In the New York open, Gold moved to $4,030 and has stayed above $4,000.

At 11am PT today, Gold is trading at $4,003 per ounce, up $4 on average volume.

SILVER

In overnight trading, Silver opened in China at $48.66 per ounce. Silver found support at $48.06 in London and has stayed above $48 during trading in London and New York.

At 11am PT today, Silver is down $0.50 per ounce, trading at $48.20 on normal volume.