Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Lows Amid Profit-Taking

By:

Vladimir Zernov

Published: Oct 28, 2025, 16:57 GMT+00:00

Key Points:

Gold remains under pressure as pullback continues.
Silver climbed back above the $47.00 level.
Platinum tested the $1500 level but lost momentum and rebounded above $1550.

Gold

Gold 281025 Daily Chart

Gold tested new lows as traders continued to take profits after the strong rally.

In case gold settles below the $3950 level, it will head towards the next support, which is located in the $3890 – $3900 range.

Silver

Silver 281025 Daily Chart

Silver managed to rebound from session lows and moved back towards the support at $47.00 – $47.20 as gold/silver ratio pulled back towards the 84.00 level.

If silver settles above the $47.20 level, it will head towards the resistance level at $49.60 – $49.80.

Platinum

Platinum 281025 Daily Chart

Platinum has also moved away from session lows as traders rushed to buy the dip.

A move above the $1600 level will push platinum towards the resistance level at $1620 – $1630.

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About the Author

Vladimir Zernovauthor

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.

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