Gold

Gold is mostly flat as traders focus on rising Treasury yields and wait for additional catalysts.
From the technical point of view, gold needs to settle above the $4250 level to gain additional upside momentum in the near term.
Silver

Silver rebounded after yesterday’s sell-off as traders used the pullback as an opportunity to increase their long positions.
A successful test of the resistance at $58.60 – $58.80 will open the way to the test of the $60.00 level.
Platinum

Platinum failed to settle below the support at $1620 – $1630 and climbed back towards the $1650 level.
In case platinum moves above $1680, it will head towards the resistance level at $1740 – $1750.
Gold Price Forecast
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