The Precious metals sector has been climbing back in recent weeks after Gold stumbled to $1,157 as the Euro has now climbed to a 3 month high against the USD trading at $1.3300. Gold is now back above $1,200 but there is still some resistance here at the $1,210-$1,215 level. Silver is now back above $18 as well and looks to head to the tough resistnace of $19. The market will get some key news tomorrow as Ben Bernanke speaks and this will have a big effect on the Gold price. It feels like the Gold market wants to retest the highs again, so for now its just wait and see.
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