Gold, Silver, Platinum Forecasts – Gold Tests Historic Highs

Vladimir Zernov
Published: Mar 28, 2024, 17:07 UTC

Key Points:

  • Gold moved above the $2220 level as the rally continued.
  • Silver rebounded towards $25.00.
  • Platinum moved towards the $910 level as demand for precious metals increased.
Gold, Silver, Platinum Forecasts

In this article:


Gold 280324 Daily Chart

Gold tested new highs as the rally continued. Treasury yields are moving higher, but demand for gold stays strong.

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


Silver 280324 Daily Chart

Silver moved towards the $25.00 level as silver traders focused on the strong rally in gold markets.

A move above the $25.00 level will push silver towards the resistance at $25.75 – $26.00.


Platinum 280324 Daily Chart

Platinum gains ground amid a broad rally in commodity markets. From a big picture point of view, platinum stays range-bound.

In case platinum settles above the $910 level, it will head towards the resistance at $925 – $935.

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

About the Author

Vladimir is an independent trader and analyst with over 10 years of experience in the financial markets. He is a specialist in stocks, futures, Forex, indices, and commodities areas using long-term positional trading and swing trading.

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