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.

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