View full page at cryptocraft.com

 

Gold, Silver, Platinum – Precious Metals Pull Back As US Dollar Tests New Highs

From fxempire.com

Gold: {chart} Gold is trying to settle below the support at $1865 as the U.S. dollar continues to rebound against a broad basket of currencies. In addition, Treasury yields are moving higher, which is bearish for gold markets. It should be noted that some traders are willing to buy gold after the strong pullback, although it remains to be seen whether gold will have enough support if the U.S. dollar gains more ground. Silver {chart} Silver settled below the $22.50 level and is heading towards $22.00. RSI remains in the moderate territory, and there is plenty of room to gain downside momentum in case the right ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis