Gold forecast
Gold prices trading flat since yesterday at 1162$ it made high at 1168$ but again retraced back below 1160 and now at 1162$ its playing hide n seek with bulls and bears hence changing trends , last night when it dipped below 1160$ it changed trend on intra day chart from positive to bear but in morning it traded higher so now its in positive territory for now , If gold price click our resistance of 1171$ and sustain above our hurdle then expect a fire upto 1180$ – 1191$
If gold price click our technical support at 1154$ and sustain below our base level then expect a correction upto 1146$ – 1138$ today
Gold forecast conclusion : Gold trend is flat to positive for now
Silver forecast
Silver prices trading with better trend its intact in positive territory since yesterday , now if silver click our resistance of 15.70$ and sustain above our major hurdle then expect a runup upto 15.92$ – 16.20$
If silver price break our technical support at 15.20$ and sustain below our base level then expect a correction upto 14.90$ – 14.70$ today
Silver forecast conclusion : Silver trend is positive for now
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