Gold, Silver, Platinum Forecasts – Gold Climbed Above $2650
Last Updated
Gold
Gold climbed above the $2650 level as demand for precious metals increased ahead of the weekend.
It should be noted that gold has quickly rebounded after the recent pullback, which shows that the current bullish trend remains intact.
Silver
Silver tests resistance at $31.45 – $31.75 as traders focus on the strong performance of gold markets.
A successful test of this resistance level will open the way to the test of the next resistance at $34.00 – $34.25.
Platinum
Platinum is trying to settle above the nearest resistance level, which is located in the $975 – $985 range.
A move above $985 will push platinum towards the next resistance at $1020 – $1030.
For a look at all of today’s economic events, check out our economic calendar.