Gold forecast
Gold ( xauusd ) price trading higher today . Yesterday our buy signal initiated at 1103$ but we booked profit early at 1106$ as we did not want to carry overnight . Today a good resistance on intraday chart at 1119$ . If buyers pull this barrier up and manage to sustain above our resistance . Then expect gold prices to fire upto 1127$ – 1137$ today .
A good support on intraday gold chart at 1100$ . If sellers manage to break this suppor and sustain trading beneath this level . Then expect market to support sellers upto 1092$ – 1083$ today .
Gold forecast conclusion : Trend is positive for now . Avoid any selling .
Silver forecast
Silver ( xagusd ) price trading at 14.28$ . A good support on intraday chart at 14$ , if sellers manage to break this level and sustain trading below our level . Then expect market to correct upto 13.70$ – 13.50$ today .
A good resistance on intraday silver chart at 14.55$ . If sellers break our intraday resistance and manage to sustain above our level . Then expect market to fire upto 14.80$ – 15.05$ today .
Silver forecast conclusion : Trend is positive for now . Avoid any selling .
More will update to our trading signal subscribers .