Gold
Gold pulls back as traders take profits off the table near historic highs. Strong dollar and rising Treasury yields may have put additional pressure on gold markets, although profit-taking was the key driver for the pullback.
In case gold declines below the $2710 level, it will move towards the nearest support at $2675 – $2685.
Silver
Silver declined below the $34.00 level as gold/silver ratio jumped above the 80 level.
If silver moves back below the $33.00 level, it will head towards the nearest support level, which is located in the $31.45 – $31.75 range.
Platinum
Platinum is losing ground amid strong pullback in precious metals markets.
From the technical point of view, platinum failed to settle above the resistance at $1020 – $1030.
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.
