Gold
Gold is mostly flat despite U.S. dollar’s pullback and falling Treasury yields. From the technical point of view, gold continues its attempts to settle above the $4000 level.
A move above $4000 will push gold towards the resistance level at $4170 – $4180.
Silver
Silver is also flat as traders focus on the performance of gold markets and wait for additional catalysts.
In case silver settles back below the $48.00 level, it will head towards the support at $47.00 – $47.20.
Platinum
Platinum attempts to settle below the support level at $1520 – $1530 amid demand worries.
If platinum stays below the $1520 level, it will head towards the support level at $1400 – $1410.
Gold Price Forecast
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