GOLD

Gold traded today in a very narrow $7 high/low range, from a high of $1,298 and a low of $1,291 per ounce. It appears that the Gold price is stabilizing just below the key $1,300 level. It is very important that Gold move back above the $1,300 level early to keep the bullish trend in tack. At 11am PDT today, Gold is trading at $1,296 per ounce, up $3 on average Friday volume.

SILVER

Silver continues its fight to stay above the key $17 per ounce level, as it trades between $16.88 and $17.10 per ounce today. At 11am PDT today, Silver is down $0.04 per ounce, trading at $16.97 on normal volume.