Gold (XAUUSD), Silver, Platinum Forecasts – Gold Is Stuck Below The Important Resistance Level

Gold

Gold remains stuck below the resistance level at $3350 – $3360 as traders ignore U.S. dollar’s pullback.

If gold settles below the $3330 level, it will head towards the nearest support at $3235 – $3245.

Silver

Silver tests new highs as gold/silver ratio pulled back below the 91.00 level. RSI remains in the moderate territory, so there is plenty of room to gain momentum in the near term.

If silver stays above the $36.50 level, it will move towards the next resistance at $37.30 – $37.50.

Platinum

Platinum soared 5.5% as the strong rally continued. Palladium markets are up by almost 8%, which is bullish for platinum.

In case platinum stays above the resistance at $1400 – $1405, it will head towards the next resistance level at $1485 – $1490.

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