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Precious metals are seeing a strong rally following sector-supportive measures from China, with gold setting fresh all-time highs while silver and platinum continue to build on their recent strength, according to analyst Vladimir Zernov at FX Empire... Gold was back in uncharted territory on Tuesday after China's central bank cut its lending rates while also lowering its reserve requirement ratio for commercial banks in an effort to boost the country's flagging economy... "In case gold manages to settle above the $2650 level, it will head towards $2700," Zernov projected, but warned that "RSI is in the overbought territory, so the risks of a pullback are increasing."