Gold forecast

Gold prices trading at 1165$ gold did not move so much today so far and its trading in same zone only . We have New home sales data today which would be crucial for gold prices today . Today’s gold resistance at 1172$ once market break this and sustain above our gold resistance today then expect market to fire upto 1181$ – 1191$ today .

If gold ( xauusd ) price break our technical support at 1155$ and sustain below our major support today then expect market to correct upto 1144$ – 1131$ today

Gold forecast conclusion : Gold trend is weak for now

Silver forecast

Silver prices trading at 15.87$ slightly higher from its closing . A good support in silver today at 15.60$ once market break this and sustain below this support then expect market to correct upto 15.40$ – 15.20$ today

If silver price click our technical resistance at 16.11$ and sustain above our technical resistance then expect market to fire upto 16.35$ – 16.55$ today

Silver forecast conclusion : Silver trend is weak for now

More will update to our subscribers

By marafat