View full page at metalsmine.com

 

Gold, Silver, Platinum Forecasts – Gold Pulls Back Amid Profit-Taking

From fxempire.com

Gold: {chart} Gold pulls back as traders take some profits off the table. U.S. dollar’s rebound served as a negative catalyst for gold markets today. In case gold manages to settle back below the $2065 level, it will head towards the support at $2015 – $2025. Silver: {chart} Silver is also losing ground as traders focus on U.S. dollar’s strength. Rising Treasury yields put additional pressure on silver markets. A move below the $24.00 level will push silver towards the support at $23.40 – $23.60. Platinum: {chart} Platinum tests new highs as the rally continues. It should be noted that platinum is gaining ground for ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis