Skip to main content
Advertisement
Advertisement

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Demand For Safe-Haven Assets Falls

By: 
Vladimir Zernov
Gold, Silver, Platinum Forecasts

Key Points:

  • Gold tested new lows as traders focused on the trade deal between U.S. and China.
  • Silver pulled back as traders reacted to the weakness of gold markets.
  • Platinum dived towards the support at $1335 - $1340.

Gold

Gold
Gold 270625 Daily Chart

Gold is under strong pressure as U.S and China confirmed details of the new trade framework.

The nearest support level for gold is located in the $3235 – $3245 range. A move below the $3235 level will push gold towards the next support at $3160 – $3170.

Loading

Silver

Silver
Silver 270625 Daily Chart

Silver pulled back as traders focused on the sell-off in gold markets, which was driven by falling demand for safe-haven assets.

A successful test of the support at $35.65 – $35.85 will push silver towards the next support level at $34.60 – $34.80.

Platinum

Platinum
Platinum 270625 Daily Chart

Platinum suffered a strong sell-off as traders rushed to take profits off the table after the strong rally.

In case platinum settles below the support at $1335 – $1340, it will move towards the next support level at $1240 – $1245.

Gold Price Forecast

Every new Gold analysis as it publishes, today's technical signal and key levels, live price — on one page.

See all Gold forecasts

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

Loading

About the Author

Vladimir ZernovFutures Trading Expert

Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.

Latest news and analysis

    Loading
Advertisement
Loading
Advertisement
Advertisement
Advertisement
Advertisement