Gold and Silver See An Early Bounce
This morning gold and silver are both trading higher this morning. The highly popular SPDR Gold Shares (NYSE:GLD) are trading higher by 0.72 cents to $136.99 a share. Traders can watch for intra-day resistance around the $137.51 and $138.10 levels. Both areas could see small intra-day pullbacks.
The iShares Silver Trust(NYSE:SLV) is trading higher 0.52 cents to $34.13 a share. Short term traders can watch for intra-day resistance around the $34.35 area and more intra-day resistance around the $35.00 area.