Gold Silver price forecast 30th November 2016

By | November 30, 2016

Gold forecast

Gold ( xauusd ) price trading at 1189.50$ . It made low of 1181$ and fired back till 1195$ and then again retraced back . A good support on daily chart stands at 1180$ . Once traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1172$ – 1164$ today .

A good resistance on daily chart stands at 1196$ . Once traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1207$ – 1218$ today .

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

Silver forecast

Silver ( xagusd ) price cracked till 16.40$ yesterday . After that it bounced back and currently prices are trading at 16.70$ . A good base level on daily chart stands at 16.40$ . Once traders break this major base and manage to sustain trade beneath our support today . Then expect silver prices to test upto 16.10$ – 15.80$ today .

A good hurdle on daily chart stands at 17.05$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver price to test upto 17.28$ – 17.50$ today .

Silver forecast conclusion : Xagusd trend is flat to positive for now .

More will update to our trading signal subscribers .

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