Gold, Silver, Platinum Forecasts – Gold Rebounds After Pullback

Gold

Gold attempts to settle back above the $2900 level as traders bet on a rebound after the pullback.

In case gold settles back above the $2900 level, it will head towards the next resistance, which is located in the $2930 – $2940 range.

Silver

Silver is moving higher as traders focus on the rebound in gold markets. Gold/silver ratio did not manage to settle back above the 90 level, which was bullish for silver.

A move above the $32.50 level will push silver towards the nearest resistance level at $32.75 – $33.00.

Platinum

Platinum remains under pressure as pullback continues. Currently, platinum is trying to settle below the $1000 level.

In case this attempt is successful, platinum will head towards the next support level, which is located in the $980 – $985 range.

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