Gold, Silver, Platinum Forecasts – Gold Remains Stuck Below The Key Resistance Level

Gold

Gold is stuck below the key resistance level at $2520 – $2530 as traders wait for additional catalysts.

The technical setup is bullish, but gold needs to settle above the $2530 level to gain upside momentum.

Silver

Silver continues its attempts to settle above the $30.00 level. Gold/silver ratio pulled back towards the 84.00 level, providing some support to silver markets.

In case silver climbs above $30.00, it will move towards the resistance at $31.40 – $31.75.

Platinum

Platinum pulls back after an unsuccessful attempt to settle above the resistance at $975 – $985.

The technical picture remains unchanged as platinum is stuck between the support at $935 – $940 and the resistance at $975 – $985.

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