Gold, Silver, Platinum Forecasts – Gold Pulls Back From Historic Highs

Gold

Gold pulled back below the $3040 level as traders took some profits off the table near historic highs.

If gold settles below the $3025 level, it will head towards the nearest support, which is located in the $2995 – $3005 range.

Silver

Silver is losing ground as gold/silver ratio made an attempt to settle above the 91 level.

If silver declines below the support at $32.75 – $33.00, it will head towards the next support level at $31.45 – $31.75.

Platinum

Platinum retreats amid broad pullback in precious metals markets. Trade war fears continue to put pressure on platinum.

A move below the $980 level will push platinum towards the next support at $930 – $945.

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