Gold
Gold pulls back as traders focus on rising Treasury yields and take some profits off the table near historic highs.
If gold settles below the $3300 level, it will move towards the nearest support level, which is located in the $3235 – $3245 range.
Silver
Silver declined towards the $32.50 level as traders reacted to the pullback in gold markets.
A move below $32.50 will open the way to the test of the support level at $31.45 – $31.75.
Platinum
Platinum managed to rebound from session lows and moved back towards the nearest resistance level at $960 – $965.
If platinum climbs above the $965 level, it will head towards the next resistance, which is located in the $1010 – $1015 range.
Gold Price Forecast
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