Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests The $4150 Level Amid Broad Pullback In Precious Metals Markets - FXEmpire

AI desk brief

Gold is struggling to hold above $4,150 after failing to settle through the $4,160-$4,180 resistance band, despite a weaker dollar. The article says traders are focusing on short-end yields and Fed tightening risk: the 2-year Treasury yield is above 4.81%, FedWatch implies a 23.8% chance of an October hike, and the market still expects a December move. Near term, a break below $4,160 points to $4,100, then $4,000-$4,020; a rebound through $4,180 would be needed to stabilize the trend.

Silver is softer as the gold/silver ratio moved above 70; if the ratio extends toward 72, that would be bearish for silver. Silver is testing $59, with downside levels at $56-$57 and then $52 if $56 fails. Platinum remains under pressure as palladium weakness spills over, with $1,650 the key pivot and $1,600-$1,620 the next support zone if that gives way.