Gold (XAUUSD), Silver, Platinum Forecasts – Fed Cut Bets and Dollar Weakness Keep Metals Bullish

Platinum closed at $1,383.10 on Thursday, holding above the 50-day simple moving average at $1,367.20. The metal continues to trail gold and silver but remains in a constructive pattern. Since rebounding from the August bottom at $1,296.60, platinum has formed a higher bottom and recently topped at $1,438.30.

The trend is still valid above $1,367.20, but price needs to push through $1,438.30 to extend the move. A breakout above that top would open the way toward $1,475. For now, the metal is consolidating within its structure and holding trend support.

Conclusion: Trend is Bullish Across the Board

Gold, silver, and platinum remain in confirmed uptrends, backed by Fed rate cut expectations, soft U.S. economic data, and a falling dollar. Gold leads with strong momentum and support at $3,593. Silver is building strength above the $41.03 pivot, and platinum is holding its trend above $1,367.20. As long as these key levels remain intact, the trend bias across the metals complex stays bullish.