On Friday (June 14), Fxempire independent traders and analysts Vladimir Zernov predicted the trends of gold, silver, and platinum using long-term positional trading and swing trading strategies.

He predicts that due to the support of the decline in US Treasury yields, the gold price will rebound to the level of $2330; the silver price will return to above $29.00; and platinum is trying to break through the level of $950. #GoldTechnicalAnalysis#

Gold

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As traders are concerned about the decline in US Treasury yields, gold rebounded. Overall, gold received strong support in the range of $2295 to $2305.

If the gold price breaks through the 50-day moving average ($2345), it will fall to the next resistance level ($2390-$2400).

Silver

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Due to traders' attention to the performance of the gold market, silver has rebounded from recent lows.

Traders should note that the recent trend of silver is mainly influenced by the fluctuation of the gold/silver ratio in recent trading days.

Platinum

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The precious metals market generally rebounded, with platinum rising slightly, but the current bearish trend has not changed.

Platinum needs to climb back above the 50-day moving average of $984 to have a chance of sustained upward momentum.