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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back From Historic Highs
Gold: chart Gold pulls back as traders focus on U.S. dollar’s rebound and take profits near historic highs. In case gold stays below the $3850 level, it will head towards the nearest support level, which is located in the $3780 – $3790 range. Silver: chart Silver pulled back towards the $46.50 level as gold/silver ratio climbed above the 82.50 level. A move below the $45.50 level will open the way to the test of the support at $44.25 – $44.50. Platinum: chart Platinum remained under pressure amid broad pullback in precious metals markets. If platinum settles below the $1550 level, it will move towards the ... (full story)
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