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Gold, Silver, Platinum Forecasts – Gold Climbs Above $2740 As Rally Continues
Gold: chart Gold tests new highs amid strong demand for precious metals. Falling Treasury yields provide additional support to gold markets. If gold manages to settle above the $2750 level, it will move towards the resistance at $2780 – $2790. Silver: chart Silver gained ground as traders reacted to the strong performance of gold markets. Gold/silver ratio climbed above the 89 level, which was a disappointing development for silver bulls. If silver climbs above $31.00, it will move towards the nearest resistance at $31.45 – $31.75. Platinum: chart Platinum tests weekly highs as the rebound continues. ... (full story)