Gold, Silver, Platinum Forecasts – Gold Moves Lower On Profit-Taking

Gold

Gold pulls back as traders take some profits off the table ahead of the Fed decision, which will be released soon.

In case gold settles back below the $2750 level, it will head towards the support at $2715 – $2725.

Silver

Silver made an attempt to settle above the $31.00 level as gold/silver ratio pulled back below the psychologically important 90 level.

If silver manages to settle above the $31.00 level, it will get to the test of the resistance level at $31.45 – $31.75.

Platinum

Platinum gained upside momentum and moved towards the resistance level at $975 – $985.

A move above this level will push platinum towards the next resistance, which is located in the $1020 – $1030 range.

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