Gold
Gold tested new lows as demand for safe-haven assets declined after Trump talked about potential trade deals with Japan, Korea, and India.
From the technical point of view, gold settled below the previous support at $3235 – $3245 and is moving towards the next support level at $3140 – $3150.
Silver
Silver suffered a strong sell-off as traders focused on the weakness of gold markets.
If silver declines below the $32.00 level, it will get to the test of the nearest support level at $31.45 – $31.75.
Platinum
Platinum moved lower amid broad pullback in precious metals markets, which was triggered by trade optimism.
A successful test of the support level at $960 – $965 will push silver towards the next support at $930 – $935.
Gold Price Forecast
Every new Gold analysis as it publishes, today's technical signal and key levels, live price — on one page.
See all Gold forecastsFor a look at all of today’s economic events, check out our economic calendar.
