Morning everyone....

In case you haven’t been following the markets as of late. They’ve been on a slight climb. Well so far this morning they are having a break out kinda day.

It’s still very early in the trading day and both gold and silver are up quite impressively.

Gold is up nearly $15, currently sitting at $1793. Getting ever so close to the all important $1800 resistance line. If it manages to break past that $1800 barrier and hold. We could see a very quick move upward towards the $1850 level before Friday’s close.

The $1800 level in gold is always a significant one.

Silver is up $.63 for the day, which is a huge increase in just a few hours of trading. Silver has broken through the $26 resistance level, currently sitting at $26.44.

If and it’s a pretty big if. Silver can surpass the $27 barrier and hold, it could become quite volatile and we could see a very serious push towards the $30 number.

Here is screenshot from the current Kitco board...