Gold Silver price forecast 29th November 2016

By | November 29, 2016

Gold forecast

Gold ( xauusd ) price trading at 1192$ .Yesterday it tested 1183$ and 1197.50$ with spike . Rest of the prices were trading in 5-6$ range only . A good support on daily chart stands at 1182$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1175$ – 1168$ today .

A good resistance on daily chart stands at 1200$ . Once traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold price to test upto 1208$ – 1217$ today .

Gold forecast conclusion : Xauusd trend is flat to positive for today .

Silver forecast

Silver ( xagusd ) price trading at 16.62$ . Yesterday it cracked from 16.90$ to 16.45$ . A good base level on chart stands at 16.40$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 16.20$ – 16$ today .

A good hurdle on daily chart stands at 16.92$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to test upto 17.14$ – 17.44$ today .

Silver forecast conclusion : Xagusd trend is flat for now .

More will update to our trading signal subscribers .

  • Aijaz Ul Haq Solangi

    Hello I am not receiving your email of daily and weekly forecast is every thing is alright God Bless you

    • marafat

      hi… there were some problem…. sorted out now … you should be receiving email now .