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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests Weekly Highs As Dollar Retreats
Gold moved above the $3370 level as traders focused on dollar's pullback. Silver is trying to settle above the $39.00 level. Platinum remains stuck near the key resistance level. Gold moved above the $3370 level as traders focused on U.S. dollar’s pullback, which was driven by Powell’s dovish comments. If gold stays above $3360, it will head towards the $3400 level. A move above this level will push gold towards $3440 – $3450. Silver rallied towards the $39.00 level as gold/silver ratio pulled back below 86.50. In case silver settles above $39.00, it will head towards the resistance at $39.80 – $40.00. ... (full story)
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- Aug 22, 2025 2:00pm Posted byTechnical Analysis280
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