Silver Gold forecast 28th April 2017

By | April 28, 2017

Gold forecast

Comex Gold ( xauusd ) price trading at 1266$ . It tested some low levels last night and now trying to recover . A good support on daily technical chart stands at 1257$ . If traders breaks this major base and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1250$ – 1242$ today .

A good resistance on daily chart stands at 1274$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect more power to gold bulls upto 1280$ – 1288$ today .

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

Silver forecast

Comex Silver ( xagusd ) price trading at 17.35$ . A good support on daily chart stands at 17.20$ . If traders break this major base and manage to sustain trade beneath our support today . Then expect silver price to test upto 17$ – 16.80$ today .

A good hurdle on daily chart stands at 17.55$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some breather to silver prices upto 17.77$ – 17.99$ today .

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

Read our yesterday’s forecast here

More will update to our trading signals subscribers .

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