Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulled Back Towards The $3350 Level

Gold

Gold pulls back as U.S. dollar moves higher after the better-than-expected JOLTs Job Openings report.

The technical picture remains unchanged as gold needs to settle above the $3360 level to gain additional upside momentum in the near term.

Silver

Silver is losing some ground as traders take profits off the table after the strong rally.

If silver manages to settle above the resistance at $34.40 – $34.60, it will move towards the next resistance level, which is located in the $35.65 – $35.85 range.

Platinum

Platinum climbed above the $1055 level and is trying to settle above $1065. Palladium markets are up by 2.5%, which is bullish for platinum.

If platinum moves above the $1065 level, it will head towards the resistance level at $1090 – $1095.

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