Gold, Silver, Platinum Forecasts Gold Tests New Highs As Dollar Remains Under Pressure
From fxempire.com
Gold: {chart} Gold continues to move higher as traders focus on U.S. dollars pullback, which is driven by the disappointing economic data from the U.S. In case gold stays above the $1940 level, it will head towards the next resistance, which is located in the $1975 $1985 range. Silver: {chart} Silver tested new highs as the rally continued. Treasury yields moved lower, providing additional support to silver. A successful test of the resistance at $25.00 $25.25 will open the way to the test of the next resistance, which is located in the $25.90 $26.15 range. Platinum: {chart} Platinum pulls back as traders take ...
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