Gold Silver price forecast update 30th December 2016

By | December 30, 2016

Gold forecast

Comex Gold ( Xauusd ) price trading at 1162$ . Yesterday it fired from lower levels and continued its run . Today it has a good resistance on daily chart at 1172$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1181$ – 1190$ today .

A good support on daily chart stands at 1150$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1142$ – 1134$ today .

Gold forecast conclusion : Comex Xauusd trend is positive for now .

Silver forecast

Comex Silver ( Xagusd ) price trading at 16.20$ . We had given a buy signal yesterday to our subscribers . Will update on this in next post . A good hurdle on daily chart stands at 16.35$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to test upto 16.56$ – 16.78$ today .

A good base level on daily chart stands at 15.98$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 15.75$ – 15.51$ today .

Silver forecast conclusion : Comex Xagusd trend is positive for now .

More will update to our trading signal subscribers .