Gold Silver price forecast 26th January 2017

By | January 26, 2017

Gold forecast

Comex Gold ( xauusd ) price trading at 1197$ . Yesterday it crashed further and tested 1193$ . A good support on daily chart stands at 1184$ . If trader breaks this level and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1177$ – 1170$ today .

A good resistance on daily chart stands at 1202$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold price to test upto 1209$ – 1217$ today .

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

Silver forecast

Comex Silver ( xagusd ) price trading at 16.88$ . It crashed beautifully yesterday and our subscribers enjoyed the crash . A good base level on daily chart stands at 16.70$ . If trader breaks this major base and manage to sustain trade beneath our support today . Then expect silver price to test upto 16.50$ – 16.30$ today .

A good hurdle on daily chart stands at 17.05$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect silver price to test upto 17.28$ – 17.54$ today .

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

We have UK GDP numbers today . So keep an eye on that .

More will update to our trading signals subscribers .