Gold
Gold climbed above the $5000 level and tested resistance at $5100 – $5110 as traders focused on the weakness of the U.S. dollar.
It should be noted that RSI is in the extremely overbought territory, so the risks of a pullback are increasing.
Silver
Silver soared above the $110.00 level and made an attempt to settle above $115.00 as gold/silver ratio declined below the 45 level.
There are no signs of profit-taking, and speculative traders continue to push silver prices towards new highs.
Platinum
Platinum has also tested historic highs as traders reacted to the strong rally in gold and silver markets.
A move above the resistance at $2860 – $2880 will push platinum towards the psychologically important $3000 level.
Gold Price Forecast
Every new Gold analysis as it publishes, today's technical signal and key levels, live price — on one page.
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