Gold forecast 27 june 2017

By | June 27, 2017

Gold forecast

Comex Gold ( xauusd ) price trading at 1251$ . It opened lower but fired approx 8$ in last hour . A good support on daily technical chart stands at 1240$ . If traders breaks this major base and manage to sustain trade below our support today . Then expect more pressure in xauusd prices upto 1232$ – 1225$ today .

A good resistance on daily technical chart stands at 1260$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some recovery in xauusd prices upto 1268$ – 1274$ today .

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

Silver forecast

Comex Silver ( xagusd ) price trading at 16.68$ , yesterday it crashed and tried to test 16.40$ but could not sustain on lower levels . A good hurdle on daily technical chart stands at 16.90$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect more firepower in xagusd prices upto 17.20$ – 17.50$ today .

A good base level on daily technical chart stands at 16.50$ . If traders breaks this major base and manage to sustain trade below our support today . Then expect some pressure in xagusd prices upto 16.30$ – 16.05$ today .

Read our yesterday’s levels and trend here

More will update to our trading signals subscribers