Gold, Silver, Platinum Forecasts – Gold Climbed Above $2900 As Dollar Pulled Back

Gold

Gold gains ground as traders react to U.S. dollar’s pullback. Rising demand for safe-haven assets provides additional support to gold markets.

If gold settles above the resistance at $2930 – $2940, it will move towards the $3000 level.

Silver

Silver moved higher amid rising demand for precious metals. Currently, silver is trying to settle back above the $32.00 level.

In case this attempt is successful, silver will move towards the next resistance at $32.75 – $33.00.

Platinum

Platinum continues its attempts to settle above the 50 MA at $968. RSI is in the moderate territory, and there is plenty of room to gain momentum in case the right catalysts emerge.

If platinum climbs above the 50 MA, it will move towards the resistance level at $980 – $985.

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