Gold, Silver, Platinum Forecasts – Gold Is Mostly Flat As Traders Wait For Catalysts

Gold

Gold is mostly flat as traders wait for additional catalysts. Gold has recently made several attempts to settle above the resistance at $2930 – $2940 but did not manage to gain sufficient upside momentum.

In case gold pulls back below the $2900 level, it will head towards the nearest support at $2870 – $2880.

Silver

Silver continued its attempts to settle above the strong resistance level at $32.75 – $33.00.

In case silver manages to settle above the $33.00 level, it will move towards the next resistance at $34.60 – $34.85.

Platinum

Platinum made an attempt to settle above the $980 level but lost momentum and pulled back.

If platinum climbs above the resistance at $980 – $985, it will head towards the next resistance at $1015 – $1020.

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