Gold forecast

Gold price trading higher today at 1168$ , it made a low at 1156$ and bounced back when US unemployment data came , now if gold price click our resistance of 1178$ and sustain above our resistance then expect gold price to race upto 1192$ – 1200$

If gold price click our support of 1155$ and sustain below our technical support then expect a crack upto 1148$ – 1140 today

Gold forecast conclusion : Gold trend is flat to positive today , avoid any short trade

Silver forecast

Silver prices zoomed from 15.60$ to 15.80$ in minutes only after US data but retraced back later , now trading at 15.65$ , if silver click our resistance 15.86$ and sustain above our level then expect 16.05$ – 16.30$

If silver price click our support of 15.40$ and sustain below our technical support then expect correction upto 15.20$ – 15$ today

Silver forecast conclusion : Silver trend is flat to positive today

More will update to our subscribers

 

By marafat