Gold price ( xauusd ) trading at 1074$ . Almost flat since it opened . A good resistance on chart at 1084$ . If market manage to beat this level and sustain above our today’s hurdle then expect market to favor buyers upto 1091$ – 1100$ today .
A good support on gold chart at 1063$ . If market breach this level and manage to trade below 1063$ then expect 1055$ – 1047$ in today’s trading session .
Gold forecast conclusion : Trend is flat for now . No major volumes and no major movement . So trade low qty .
Silver price forecast
Silver price ( xagusd ) trading at 14.22$ . Slightly lower from its friday closing . A good support on chart at 14$ . If market beat this level and manage to sustain beneath this level then expect sellers upper hand in market upto 13.80$ – 13.60$ today .
A good resistance on silver chart at 14.40$ . Once market beat this level and manage to sustain above our hurdle then expect buyers to party upto 14.65$ – 14.90$ and even more firepower not ruled out .
Silver forecast conclusion : Trend is flat for now . Trade low qty .
More will update to our trading signal subscribers