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Gold, Silver, Platinum Forecasts – Gold Pulls Back Ahead Of The Weekend

From fxempire.com

Gold: {chart} Gold pulls back as traders focus on U.S. dollar’s rebound. Treasury yields are mostly flat in today’s trading session and have no material impact on gold markets. In case gold stays above the resistance at $2015 – $2025, it will head towards the next resistance level at $2065 – $2075. Silver: {chart} Silver pulls back as traders take some profits off the table after the recent rebound. Gold/silver ratio moved back above the 84.50 level, which was bearish for silver. If silver settles below the $24.00 level, it will head towards the nearest support at $23.40 – $23.60. Platinum: {chart} Platinum is moving ... (full story)

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  • Category: Technical Analysis