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Gold, Silver, Platinum Forecasts – Gold Is Flat Amid Lack Of Catalysts
Gold: chart Gold is mostly flat as traders wait for additional catalysts. From a big picture point of view, geopolitical tensions continue to provide support to gold markets. If gold climbs above the 50 MA at $2344, it will move towards the resistance at $2390 – $2400. Silver: chart Silver gains ground as gold/silver ratio pulled back below the 78.50 level. The dynamics of gold/silver ratio remain the key driver for silver markets. A move above the $30.00 level will push silver towards the nearest resistance, which is located in the $30.90 – $31.20 range. Platinum: chart Platinum tests resistance at $975 ... (full story)