Gold forecast daily update 12th June 2017

By | June 12, 2017

Gold forecast

Comex Gold ( xauusd ) price trading at 1267$ . It opened slightly lower and currently trading in weak zone . A good support on daily technical chart stands at 1255$ . If traders take this support out and manage to sustain trade below our support today . Then expect more pressure in xauusd prices upto 1247$ – 1240$ today .

A good resistance on daily technical chart stands at 1272$ . If traders take this hurdle out and manage to sustain trade above our resistance today . Then expect some recovery in xauusd prices upto 1280$ – 1288$ today .

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

Silver forecast

Comex Silver ( xagusd ) price trading at 17.12$ . It opened lower and managing to trade lower since morning . A good base level on daily technical chart stands at 16.90$ . Once this base is out and traders manage to trade below our this support . Then expect more pressure in xagusd prices upto 16.70$ – 16.50$ today .

A good hurdle on daily technical chart stands at 17.25$ . If traders manage to break this hurdle and sustain trade above our resistance today . Then expect more firepower in xagusd prices upto 17.45$ – 17.70$ today .

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

Read our yesterday’s forecast here

More will update to our trading signals subscribers .

One thought on “Gold forecast daily update 12th June 2017

  1. Pingback: Gold forecast 13th June 2017 . Xauusd signals provider

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