Advertisement
Advertisement
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Settle Above The $3350 Level
By:
Key Points:
- Gold is trying to settle above the key resistance level.
- Silver is moving towards the $38.50 level.
- Platinum pulled back amid profit-taking.
Gold
Gold continues its attempts to settle above the strong resistance level at $3350 – $3360.
If gold climbs above the $3360 level, it will head towards the resistance at $3440 – $3450.
Silver
Silver continues to move higher as traders prepare for a potential test of multi-year highs.
A move above the $38.50 level will push silver towards the resistance level at $39.80 – $40.00.
Platinum
Platinum pulled back after an unsuccessful attempt to settle above the resistance level at $1495 – $1500.
In case platinum settles below the $1450 level, it will head towards the nearest support at $1400 – $1405.
For a look at all of today’s economic events, check out our economic calendar.
About the Author
Vladimir Zernovauthor
Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.
Advertisement