Gold (XAUUSD), Silver, Platinum Forecasts – Silver Tests The $80.00 Level

Gold

Gold moved towards the $4500 level amid rising geopolitical tensions, which provided significant support for precious metals markets.

If gold climbs above $4500, it will head towards the resistance level at $4540 – $4550.

Silver

Silver rallied above the $80.00 level as gold/silver ratio declined below the 56.00 level.

In case silver stays above $80.00, it will head towards the next resistance at $83.50 – $84.00.

Platinum

Platinum tests new highs as the strong rally continues. Platinum moved above the resistance at $2245 – $2265 and is trying to settle above the $2380 level.

In case this attempt is successful, platinum will head towards the next resistance at $2510 – $2530.

For a look at all of today’s economic events, check out our economic calendar.