Gold
Gold tests new highs amid rising demand for safe-haven assets. Gold traders stay focused on rising tensions in the Middle East.
Gold has recently settled above the resistance at $2295 – $2305 and is ready to test new highs.
Silver
Silver is moving higher as traders focus on the strong rally in gold markets. Gold/silver ratio stays below the 85 level, which is bullish for silver.
From the technical point of view, silver is moving towards the nearest resistance at $27.75 – $28.00.
Platinum
Platinum pulled back after an unsuccessful attempt to settle above the resistance at $925 – $935.
If platinum settles below the $925 level, it will head towards the support at $880 – $890.
For a look at all of today’s economic events, check out our economic calendar.
