Comex silver outlook

Comex silver ( xag/usd ) prices trading at 15.90$ pretty much in same range or slightly higher since yesterday . A good resistance in silver today at 16.05$ once market break this and sustain above our technical resistance today then expect silver to test upto 16.30$ – 16.55$ today .

If silver price click our technical support today at 15.70$ and sustain below our silver support today then expect market to correct upto 15.50$ – 15.30$ today .

Comex silver outlook conclusion : Silver trend is positive for today . Avoid any selling trade for now .

Comex gold outlook

Comex gold ( xau/usd ) price trading at 1169$ today , it made low of 1162$ yesterday and then started its higher crawl . A good resistance in gold today at 1174$ once market break this and sustain above our higher resistance then expect market to test upto 1181$ – 1191$ today .

If gold prices click our technical support today at 1160$ and sustain below our major support today then expect market to test upto 1151$ – 1144$ today .

Gold outlook conclusion : Gold trend is positive today . Avoid any sell trade .

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By marafat