Gold
Gold tests new lows as traders focus on strong dollar and prepare for a less dovish Fed.
If gold moves below the $2600 level, it will get to the test of the support at $2580 – $2590.
Silver
Silver tests new lows as traders focus on the strong sell-off in gold markets. RSI is in the moderate territory, so there is plenty of room to gain momentum.
If silver settles below the $30.00 level, it will head towards the nearest support level, which is located in the $28.75 – $29.00 range.
Platinum
Platinum is moving lower amid broad pullback in commodity markets, which was triggered by strong dollar.
A move below the $960 level will push platinum towards the support at $935 – $945.
Gold Price Forecast
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