Gold
Gold 210324 Daily Chart
Gold tested historic highs above the $2220 level but lost momentum and pulled back as traders focused on the strong rebound of the U.S. dollar.
In case gold stays below the $2190 level, it will move towards the nearest support, which is located in the $2065 – $2075 range.
Silver
Silver 210324 Daily Chart
Silver gained strong downside momentum as gold/silver ratio settled near the 88 level.
A move below the support at $24.40 – $24.60 will open the way to the test of the next support level at $23.40 – $23.60.
Platinum
Platinum 210324 Daily Chart
Platinum gained some ground despite the broad pullback in precious metals markets.
If platinum manages to stay above the $910 level, it will move towards the nearest resistance at $925 – $935.
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This article was originally posted on FX Empire
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