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Gold, Silver, Platinum Forecasts – Gold Tests Multi-Week Highs As Treasury Yields Pull Back
Gold: chart Gold tests new highs as traders react to the continuation of the pullback in Treasury yields. Currently, gold is trying to settle above the resistance at $2715 – $2725. In case this attempt is successful, gold will move towards the next resistance level at $2780 – $2790. Silver: chart Silver is moving towards the $31.00 level as traders focus on the strong performance of gold markets. A move above the $31.00 level will push silver towards the resistance at $31.45 – $31.75. Platinum: chart Platinum remains stuck near the support at $935 – $945 as traders wait for additional catalysts. If ... (full story)