Gold, Silver, Platinum Forecasts – Gold Is Mostly Flat Despite Dollar’s Pullback

Gold

Gold is mostly flat as traders wait for catalysts. Traders are not ready for big moves during the Independence Day.

If gold climbs above the $2360 level, it will continue to move towards the nearest resistance in the $2390 – $2400 range.

Silver

Silver pulls back as gold/silver ratio rebounded above the 77.50 level. Traders are taking some profits off the table after the strong rally.

From the technical point of view, silver needs to settle above the resistance at $30.90 – $31.20 to gain additional upside momentum.

Platinum

Platinum made an attempt to settle above the resistance at $1010 – $1020 but lost momentum and pulled back.

A move above the $1020 level will open the way to the test of the resistance at $1080 – $1090.

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