Gold
Gold tests new highs as U.S. dollar is under strong pressure after the release of the disappointing Non Farm Payrolls report.
In case gold settles above the resistance at $3570 – $3580, it will move towards the $3650 level.
Silver
Silver made an attempt to settle above the resistance at $41.30 – $41.50 but lost momentum and pulled back.
If silver declines below the $40.50 level, it will head towards the support at $39.80 – $40.00.
Platinum
Platinum gained some ground in volatile trading. U.S. dollar’s pullback did not provide significant support to platinum markets in today’s trading session.
A move below the 50 MA at $1377 will open the way to the test of the nearest support at $1345 – $1350.
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