Gold, Silver, Platinum Forecasts – Gold Climbed Back Above $2900

Gold

Gold made an attempt to settle below the support at $2870 – $2880 but lost momentum and climbed back above the $2900 level.

If gold settles above $2900, it will head towards the nearest resistance level at $2930 – $2940.

Silver

Silver rallied above the $32.00 level as gold/silver ratio pulled back below the psychologically important 90 level.

If silver climbs above $32.50, it will get to the test of the nearest resistance at $32.75 – $33.00.

Platinum

Platinum is trying to settle above the resistance at $1025 – $1030 as demand for precious metals stays strong.

In case this attempt is successful, platinum will head towards the next resistance level, which is located in the $1085 – $1090 range.

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