Gold
Gold pulled back as U.S. dollar rebounded from multi-week lows. Falling Treasury yields did not provide support to gold markets in today’s trading session.
If gold declines below the $3300 level, it will head towards the support level at $3235 – $3245.
Silver
Silver made an attempt to settle below the support at $33.00 – $33.20 but lost momentum and climbed back above the $33.20 level.
A move above the $33.50 level will push silver towards the nearest resistance at $34.40 – $34.60.
Platinum
Platinum is losing ground as traders take profits off the table after the strong rally.
From the technical point of view, platinum needs to settle below the support level at $1050 – $1060 to gain additional downside momentum.
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