Gold, Silver, Platinum Forecasts – Gold Stays Range-Bound Despite Dollar’s Pullback

Gold

Gold is stuck in a range as traders react to U.S. job market data. U.S. dollar’s pullback did not provide material support to gold markets today.

A move below the $2900 level will push gold towards the support level at $2870 – $2880.

Silver

Silver is losing ground as gold/silver ratio climbed back above the 90.00 level.

If silver declines below the $32.00 level, it will head towards the nearest support levle at $31.45 – $31.75.

Platinum

Platinum moved lower as traders took some profits off the table after the recent rebound.

A move below the $960 level will open the way to the test of the support level at $935 – $940.

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