Gold
Gold rallied as traders rushed to buy after yesterday’s pullback. From a big picture point of view, gold is trying to consolidate after the sell-off from historic highs.
A move above the $5000 level will push gold towards the resistance at $5100 – $5120.
Silver
Silver tested new lows but lost momentum and rebounded towards the resistance at $78.00 – $79.00.
In case silver climbs back above the $79.00 level, it will head towards the next resistance at $87.00 – $88.00.
Platinum
Platinum has also gained strong upside momentum amid broad rebound in precious metals markets.
A successful test of the resistance at $2040 – $2060 will open the way to the test of the next resistance at $2245 – $2265.
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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