Gold forecast
Gold ( xauusd ) price trading today at 1282$ . It opened slightly lower today and sustaining on lower levels . A good support on gold chart today stands at 1275$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect some correction in this precious metal upto 1266$ – 1257$ today .
A good resistance on gold chart stands at 1292$ . If traders break this hurdle and manage to sustain trade above our resistance today . Then expect some more firepower in this commodity upto 1300$ – 1308$ today .
Gold forecast conclusion : Trend is flat for now . Avoid any fresh buy or sell without any stoploss .
Silver forecast
Silver ( xagusd ) price trading at 17.40$ today . A good support on silver chart today stands at 17.25$ . If traders break this major support level and manage to sustain beneath our support today . Then expect some correction in this precious metal upto 17.05$ – 16.80$ today .
A good resistance on silver chart stands at 17.55$ . If traders break this hurdle and manage to sustain trade above our hurdle today . Then expect some green in this commodity upto 17.80$ – 18$ today .
Silver forecast conclusion : Trend is flat for now .
More will update to our trading signal subscribers .