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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds Despite Stronger Dollar
Gold: chart Gold received support near the $4000 level and rebounded above the $4050 level despite stronger dollar. If gold stays above $4050, it will move towards the resistance, which is located in the $4170 – $4180 range. Silver: chart Silver climbed back above the $50.50 level as gold/silver ratio pulled back towards the 80.00 level. A move above the $51.00 level will open the way to the test of the resistance at $52.60 – $52.80. Platinum: chart Platinum made an attempt to settle below the $1520 level but lost momentum and rebounded towards $1540. In case platinum climbs above the 50 MA at $1550, it ... (full story)