View full page at metalsmine.com

 

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds Despite Stronger Dollar

From fxempire.com

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 will ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis