Gold, Silver, Platinum Forecasts – Gold Tests $2745 As Rally Continues

Gold

Gold tests historic highs as demand stays strong despite rising Treasury yields and strong dollar.

RSI is in the overbought territory but there is enough room to gain additional momentum in the near term.

Silver

Silver moved above the resistance at $34.00 – $34.25 and tested multi-year highs as gold/silver ratio pulled back below the 79.00 level.

A move above the $35.00 level will provide silver with an opportunity to gain additional upside momentum.

Platinum

Platinum tests resistance at $1020 – $1030 amid broad rally in precious metals markets.

In case this test is successful, platinum will head towards the next resistance at $1080 – $1090.

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