Gold forecast
Comex Gold ( xauusd ) price opened higher and our positional subscribers up approx 240 pips in their trade . Currently its trading at 1258$ . A good resistance on daily chart stands at 1266$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to fire upto 1277$ – 1286$ today .
A good support on daily chart stands at 1247$ . If traders breaks this major base level and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1240$ – 1232$ today .
Gold forecast conclusion : Comex xauusd trend is positive for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 17.90$ . It fired superbly in last two trading sessions . A good resistance on daily chart stands at 18.12$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to fire upto 18.35$ – 18.55$ today .
A good base level on daily chart stands at 17.70$ . If traders breaks this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 17.50$ – 17.30$ today .
Silver forecast conclusion : Comex xagusd trend is positive for now .
More will update to our trading signals subscribers .