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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Trades Below $3350 Despite U.S. Dollar’s Pullback

By: 
Vladimir Zernov
Gold, Silver, Platinum Forecasts

Key Points:

  • Gold markets are mostly flat ahead of the weekend.
  • Silver remains stuck near the $38.00 level.
  • Platinum failed to settle above the key resistance at $1345 - $1350.

Gold

Gold
Gold 150825 Daily Chart

Gold is mostly flat as traders react to U.S. dollar’s pullback and rising Treasury yields.

From the technical point of view, gold continues its attempts to settle below the support at $3350 – $3360.

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Silver

Silver
Silver 150825 Daily Chart

Silver is losing some ground as traders stay focused on the dynamics of gold markets.

If silver settles below the $38.00 level, it will move towards the support at $35.60 – $35.85.

Platinum

Platinum
Platinum 150825 Daily Chart

Platinum pulled back after an unsuccessful attempt to settle above the resistance at $1345 – $1350.

The technical picture remains unchanged as platinum needs to settle above the $1350 level to gain sustainable upside momentum.

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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.

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