Gold
Gold tests new highs as traders focus on the strong pullback of the U.S. dollar, which is driven by worries about Fed independence.
A successful test of the resistance at $3440 – $3450 will push gold towards the next resistance level at $3490 – $3500.
Silver
Silver is moving higher as traders focus on the strong performance of gold markets.
In case silver settles above the $39.00 level, it will head towards the resistance at $39.80 – $40.00.
Platinum
Platinum pulls back as traders take some profits off the table near historic highs.
The nearest resistance level for platinum is located in the $1495 – $1500 range. A move above the $1500 level will push platinum towards the next resistance at $1595 – $1600.
Gold Price Forecast
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