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Gold, Silver, Platinum Forecasts – Gold Climbed Above $2300 Amid Rising Tensions In The Middle East

From fxempire.com

Gold: {chart} Gold tests new highs amid rising demand for safe-haven assets. Gold traders stay focused on rising tensions in the Middle East. Gold has recently settled above the resistance at $2295 – $2305 and is ready to test new highs. Silver: {chart} Silver is moving higher as traders focus on the strong rally in gold markets. Gold/silver ratio stays below the 85 level, which is bullish for silver. From the technical point of view, silver is moving towards the nearest resistance at $27.75 – $28.00. Platinum: {chart} Platinum pulled back after an unsuccessful attempt to settle above the resistance at $925 – $935. ... (full story)

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  • Category: Technical Analysis