Gold, Silver, Platinum Forecasts: What's Next for Prices?
Gold Stagnates Below Resistance
Gold remains stuck below the key resistance level of $2520 – $2530 as traders wait for additional catalysts. The technical setup is bullish, but gold needs to settle above $2530 to gain upward momentum.
Silver’s Struggles
Silver continues its attempts to settle above the $30.00 level. The gold/silver ratio has pulled back towards 84.00, providing some support to silver markets. If silver climbs above $30.00, it could target resistance at $31.40 – $31.75.
Platinum's Pullback
Platinum has pulled back after failing to settle above the resistance at $975 – $985. The technical picture remains unchanged with platinum stuck between support at $935 – $940 and resistance at $975 – $985.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.