Gold forecast
Gold ( xauusd ) price trading at 1192$ . It opened higher today as market anticipated a gap up . A good support on daily chart stands at 1185$ . Once traders break this major base level and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1178$ – 1170$ today .
A good resistance on daily chart stands at 1201$ . Once traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1208$ – 1216$ today .
Gold forecast conclusion : Xauusd trend is flat to positive for now .
Silver forecast
Silver ( xagusd ) price trading at 16.78$ . It opened positive after a weak performance . A good base level on today’s chart stands at 16.55$ . Once traders break this major level and manage to sustain trade beneath our support today . Then expect silver prices to test upto 16;31$ – 16.05$ today .
A good hurdle on today”s chart stands at 17.05$ . Once traders take this hurdle out and manage to sustain trade above our resistance today . Then expect silver price to test upto 17.29$ – 17.54$ today .
Silver forecast conclusion : Xagusd trend is flat to positive for now .
More will update to our trading signal subscribers .