Platinum climbed above the $1100 level and tested yearly highs.
Gold made an attempt to settle above the resistance at $3350 – $3360 but lost momentum and pulled back.
A move below the $3350 level will open the way to the test of the $3300 level.
Silver soared as gold/silver ratio declined below the 94.00 level. Currently, silver is trying to settle above the resistance at $35.65 – $35.85.
In case this attempt is successful, silver will head towards the next resistance level at $37.30 – $37.50.
Platinum rallied after the successful test of the previous resistance level at $1090 – $1095.
In case platinum climbs above the resistance at $1135 – $1140, it will move towards the next resistance at $1195 – $1200.
For a look at all of today’s economic events, check out our economic calendar.
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.