Gold
Gold continues to move higher as traders react to Trump’s decision to impose a 50% tariff on Indian goods.
A move above the $3400 level will push gold towards the resistance at $3440 – $3450.
Silver
Silver managed to rebound from session lows and climbed back above the $38.50 level.
From the technical point of view, silver needs to settle above $39.00 to gain additional upside momentum in the near term.
Platinum
Platinum remains stuck near key resistance level at $1345 – $1350. At this point, it is obvious that platinum needs additional positive catalysts to move higher.
If platinum settles above $1350, it will move towards the next resistance at $1400 – $1405.
Gold Price Forecast
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