Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% Amid Profit-Taking
Gold pulled back after an unsuccessful attempt to settle above the $5600 level.Silver found itself under strong pressure as traders took profits near historic highs.Platinum tested support at $2510 - $2530.

Gold
Gold 290126 Daily Chart
Gold suffered a sell-off after testing historic highs as traders rushed to take profits off the table.
In case gold declines below the support at $5100 – $5110, it will head towards the next support level at $4890 – $4900.
Silver
Silver 290126 Daily Chart
Silver made an attempt to settle above the $120.00 level but lost momentum and pulled back.
A move below the $110.00 level will push silver towards the support at $103.00 – $104.00.
Platinum
Platinum 290126 Daily Chart
Platinum is down by more than 4% amid strong pullback in precious metals markets.
A successful test of the support at $2510 – $2530 will push platinum towards the next support level at $2245 – $2265.


