Gold
Gold tests new highs, supported by rising tensions in the U.S. – China relations. Demand remains strong, which is bullish for gold markets.
In case gold settles above the $4100 level, it will head towards the $4200 level. RSI remains in the overbought territory, but geopolitical news provide sufficient support to gold.
Silver
Silver tested historic highs as gold/silver ratio declined towards the 79.00 level.
A move above the $52.00 level will open the way to the test of the $53.00 level. Traders should stay focused on market sentiment as silver remains extremely overbought.
Platinum
Platinum rallied as traders focused on the strong performance of gold and silver markets.
If platinum stays above the $1650 level, it will head towards the resistance level at $1730 – $1735.
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