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Gold, Silver, Platinum Forecasts – Gold Tests $2400 As Rally Continues
Gold: chart Gold made an attempt to settle above the $2400 level as demand remained strong amid rising geopolitical tensions. In case gold settles above $2400, it will gain additional upside momentum and head towards the $2450 level. Silver: chart Silver rallied as gold/silver ratio pulled back towards the 83.50 level. From a big picture point of view, it looks that gold/silver ratio stabilized below 85, which is bullish for silver. A successful test of the nearest resistance at $28.70 – $28.90 will open the way to the test of the next resistance at $29.70 – $30.00. Platinum: chart Platinum tested new lows ... (full story)