Gold Market Update
Gold prices went up today after dropping yesterday, as traders get ready for the Federal Reserve’s decision, which will come out soon.
Gold found support between $2295 and $2305 and is now trying to go up. If it manages to do so, it could reach $2350.
Silver Market Update
Silver is going up too, as people who bet on its price going down are deciding to cash in some of their profits after a big rise.
In the next little while, what happens in the silver market will depend on how people react to the Federal Reserve’s decision and what Fed Chair Powell says afterwards.
Platinum Market Update
Platinum keeps trying to stay above $950. The RSI, a measure of how fast the price is changing, is in the middle range, which means there’s still room for it to go up if the right things happen.
If platinum stays above $950, it could go up to $975 or even $985.
