Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Settle Below $3300 As Treasury Yields Rise

Gold

Gold is losing ground as Treasury yields continue to move higher. Stronger dollar puts additional pressure on gold markets.

In case gold settles below the $3300 level, it will head towards the support at $3235 – $3245.

Silver

Silver pulled back as traders focused on the weakness of gold markets. RSI is in the moderate territory, and there is plenty of room to gain additional momentum in the near term.

If silver settles back below the $36.50 level, it will head towards the support at $35.65 – $35.85.

Platinum

Platinum is mostly flat in volatile trading. The market continues to consolidate after the strong rally.

The technical picture remains unchanged as platinum needs to settle above the $1405 level to gain additional momentum in the near term.

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