Gold
Gold tests historic highs as the strong rally continues. Traders focus on trade wars and bet that central banks will keep increasing their gold holdings amid geopolitical uncertainty.
A move above the $2850 level will open the way to the test of the $2900 level.
Silver
Silver tests new highs as gold/silver ratio declined below the 88.50 level. In case gold/silver ratio settles below the 50 MA at 88.06, silver will get more support.
In case silver stays above the $32.00 level, it will head towards the next resistance at $32.75 – $33.00.
Platinum
Platinum rebounds after the strong sell-off as traders buy the dip. The sell-off in palladium markets did not put pressure on platinum in today’s trading session.
In case platinum settles back above the $1000 level, it will move towards the resistance level at $1025 – $1030.
Gold Price Forecast
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