Gold, Silver, Platinum Forecasts – Gold Remains Stuck Near $2500 As Traders Wait For Catalysts

Gold

Gold remains stuck near the $2500 level as traders wait for additional catalysts.

In case gold manages to settle below $2500, it will gain downside momentum and move towards the support at $2445 – $2450.

Silver

Silver pulls back as gold/silver ratio climbed above the 87.50 level. Rising gold/silver ratio remains a key problem for silver bulls.

In case silver stays below the support at $28.75 – $29.00, it will move towards the next support level at $27.20 – $27.50.

Platinum

Platinum made an attempt to settle above the $920 level but lost momentum and climbed back above $925.

If platinum settles below $920, it will head towards the nearest support level, which is located in the $890 – $900 range.

For a look at all of today’s economic events, check out our economic calendar.