Gold, Silver, Platinum Forecasts – Gold Tests Key Resistance As Traders Stay Bullish

Gold

Gold tests resistance at $2520 – $2530 as demand for precious metals stays strong amid rising geopolitical tensions.

A move above the $2530 level will provide gold with an opportunity to gain additional upside momentum.

Silver

Silver is trying to settle above the $30.00 level as traders focus on the strong performance of gold markets.

In case this attempt is successful, silver will head towards the next resistance, which is located in the $31.40 – $31.75 range.

Platinum

Platinum made an attempt to settle above the resistance at $975 – $985 but failed to develop sufficient upside momentum.

If platinum climbs above the $985 level, it will head towards the next resistance at $1020 – $1030.

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