Gold, Silver, Platinum Forecasts – Gold Is Flat As Traders Wait For Catalysts

Gold

Gold is mostly flat as the market stabilizes after the strong pullback, which was triggered by strong dollar.

If gold moves below the $2550 level, it will head towards the nearest support, which is located in the $2515 – $2525 range.

Silver

Silver is swinging between gains and losses amid lack of strong catalysts.

If silver manages to settle back above the $31.00 level, it will get to the test of the nearest resistance at $31.45 – $31.75.

Platinum

Platinum rebounds after the strong pullback. Currently, platinum is trying to settle back above the support at $935 – $945.

In case this attempt is successful, platinum will move towards the next resistance level at $975 – $985.

For a look at all of today’s economic events, check out our economic calendar.