Gold, Silver, Platinum Forecasts – Gold Attempts To Settle Above $3000

Gold

Gold continues its attempts to settle above the resistance at $2995 – $3005 as traders focus on U.S. dollar’s pullback.

In case gold climbs above the $3005 level, it will gain additional upside momentum and move towards the $3050 level.

Silver

Silver is mostly flat as gold/silver ratio climbed back above the 88.50 level.

If silver settles above the $34.00 level, it will head towards the nearest resistance at $34.60 – $34.85.

Platinum

Platinum tests resistance at $1015 – $1020 as the strong rally continues. RSI remains in the moderate territory, so there is enough room to gain additional momentum in the near term.

If platinum settles above $1020, it will head towards the resistance at $1050 – $1055.

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