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Gold, Silver, Platinum Forecasts – Gold Tests New Highs As Trade War Begins
Gold: chart Gold tested new highs as demand for safe-haven assets increased amid trade wars. U.S. has already paused tariffs on Mexico, but this move did not put significant pressure on gold markets. If gold settles above the $2820 level, it will head towards new highs near the $2850 level. Silver: chart Silver tested resistance at $31.45 – $31.75 as traders focused on the strong performance of gold markets. A successful test of the resistance at $31.45 -$31.75 will push silver towards the next resistance at $32.75 – $33.00. Platinum: chart Platinum suffered a strong sell-off after an unsuccessful attempt ... (full story)