Gold & Silver Facing Chart Resistance At $1,300 and $20.25
Kitco speaks with technical analyst Jim Wyckoff about the semi-annual testimony from Bernanke in front of Congress today and the reaction of the price of gold and the silver price.
Not a whole lot has changed since his previous speech. In my opinion it was a little more dovish. During the question-and-answer session following his well prepared text and his testimony some of the marketplace reacted a bit more hawkish.