Gold
Gold is mostly flat as traders wait for stronger catalysts that could have a material impact on gold markets.
From the technical point of view, it looks that gold managed to settle above the resistance at $2015 – $2025 and will try to gain additional momentum in the upcoming trading sessions.
Silver
Silver is stuck near the support at $22.50 as gold/silver ratio settled above the psychologically important 90 level.
If silver declines below $22.25, it will head towards the next support level at $21.55 – $21.75.
Platinum
Platinum rebounds after yesterday’s sell-off. There is no trend in platinum markets, and traders are moving the price back and forth.
The support at $880 – $890 has proven its strength, which is a bullish sign for platinum. However, platinum needs additional catalysts to gain sustainable momentum.
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