Gold forecast 11 july 2017

By | July 11, 2017

Gold forecast

Comex Gold ( xauusd ) price trading at 1212$ . Its trading in small range since yesterday and holding above 1208$ . A good support on daily technical chart stands at 1200$ . If traders breaks this major base and manage to sustain trade below our support today . Then expect more pressure in xauusd prices upto 1192$ – 1184$ today .

A good resistance on daily technical chart stands at 1218$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some recovery in xauusd prices upto 1226$ – 1234$ today .

Gold forecast conclusion : Comex xauusd trend is flat for now .

Silver forecast

Comex Silver ( xagusd ) price trading at 15.58$ . Yesterday it fired from 15.18$ and we fetched more than 100 pips profit in buy trade . A good hurdle on daily technical chart stands at 15.75$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some recovery in xagusd prices upto 15.99$ – 16.20$ today .

A good base level on daily chart stands at 15.30$ . If traders take this base out and manage to sustain trade below our support today . Then expect some pressure in xagusd upto 15.10$ – 14.80$ today .

Silver forecast conclusion : Comex xagusd trend is flat for now .

Read our yesterday’s forecast here

More will update to our trading signals subscribers .

One thought on “Gold forecast 11 july 2017

  1. Pingback: Gold forecast 12 july 2017 . Xauusd signals provider

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