Gold
Gold retreats as traders opt to secure profits around the critical resistance threshold of $2390 – $2400.
Traders cash in on gold positions, prompting a pullback near the pivotal resistance range of $2390 – $2400.
Profit-taking among traders causes gold to ease back as it nears the significant barrier at $2390 – $2400.
The potential for gold to surpass the $2400 mark could lead to a reevaluation of historic peaks, particularly around $2450.
If gold breaches the $2400 threshold, it may pave the way for a challenge towards previous record highs, notably at $2450.
Silver
Silver aims to stabilize above the significant $30.00 mark amid bullish trader sentiment following a robust rally, with potential for further gains towards the $30.90 – $31.20 resistance zone if it breaches the $30.00 level.
Platinum
After a strong rally, platinum is experiencing a slight decline as traders cash in on profits. The closest resistance lies between $1070 and $1080, and should platinum surpass $1080, it could target the subsequent resistance zone of $1130 to $1140.
