Gold, Silver, Platinum Forecasts – Gold Tested The $3350 Level As Traders Focused On Powell’s Comments

Gold

Gold is swinging between gains and losses as traders evaluate Powell’s comments and monitor the developments in the Middle East.

A successful test of the support level at $3350 – $3360 will push gold towards the next support level at $3235 – $3245.

Silver

Silver is moving lower as traders continue to take profits off the table after the strong rally.

In case silver settles below the $36.25 level, it will get to the test of the nearest support at $35.65 – $35.85.

Platinum

Platinum is under pressure after an unsuccessful attempt to settle above the resistance at $1335 – $1340.

If platinum settles below the support at $1275 – $1280, it will head towards the next support level at $1195 – $1200.

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