Gold
Gold pulled back from session highs as U.S. Dollar Index gained ground and tested the psychologically important 100.00 level.
If gold settles back below the $4050 level, it will head towards the nearest support, which is located in the $3990 – $4000 range.
Silver
Silver has also pulled back from session highs as traders focused on U.S. dollar’s rally.
A move below the $50.50 level will push silver towards the support level at $49.60 – $49.80.
Platinum
Platinum remains stuck near the key support level at $1520 – $1530 as traders focus on the dynamics of the American currency.
If platinum settles below $1520, it will gain additional downside momentum and move towards the support at $1455 – $1465.
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