Gold, Silver, Platinum Forecasts – Gold Moves Higher As Geopolitical Tensions Rise

Gold

Gold gained ground as traders focused on rising geopolitical tensions and ignored the strong dollar.

In case gold climbs above the resistance at $2675 – $2685, it will move towards the next resistance level at $2740 – $2750.

Silver

Silver  is flat as gold/silver ratio moved babove the 86.50 level. From the technical point of view, silver remains stuck below the resistance at $31.45 – $31.75.

A move above the $31.75 level will push silver towards the next resistance level, which is located in the $34.00 – $34.25 range.

Platinum

Platinum  gains ground as traders focus on the continuation of the rally in palladium markets.

Platinum needs to climb above the resistance at $975 – $985 to have a chance to gain additional upside momentum in the near term.

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