Gold, Silver, Platinum Forecasts – Gold Dives Below $2750 Amid Profit-Taking

Gold

Gold is losing ground as traders take profits off the table near historic highs.

In case gold settles below the $2715 level, it will head towards the nearest significant support level at $2675 – $2685.

Silver

Silver is down by more than 3% as gold/silver ratio moved above the 83.50 level.

In case silver stays below $33.00, it will head towards the support level at $31.45 – $31.75.

Platinum

Platinum tested new lows amid broad sell-off in precious metals markets.

From the technical point of view, platinum needs to settle below the support at $975 – $985 to gain additional downside momentum.

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