Gut Check: Take Tums to Work as Gold Just Broke $1300 with HEAVY VOLUME

Gold is still partying after an all-nighter. At 3:00 a.m. the party really got started…

At 3:00 am in overnight trading, gold got the boost we have been looking for and broke through $1300:

 

 

Volume at 3:00 a.m. was heavy with over 9000 contacts. A second wave of volume came just after 5:00 a.m.

 

 

Silver is following suit:

 

 

Might want to take some Tums to work today. It’s gonna be one of those days. Thankfully, we don’t have massive data dumps to deal with today:

 

 

We will bring the market wrap later in the afternoon to account for today’s price action in gold and silver.