Gold outlook
Yesterday gold ( xau/usd ) prices made low of 1136$ and then fired again , our selling signal initiated in gold at 1143 which achieved exact target of 1136$ yesterday , thereafter it started its firing again and now trading at 1148$ , a good resistance in gold at 1156$ , once gold price break this and sustain above our intraday resistance then expect 1166$ – 1178$ levels in gold today
A good support in comex gold price at 1134$ , gold need to break this major support level and sustain below that to resume some selling upto 1127$ – 1117$ today
Gold outlook conclusion : Intraday gold trend looking positive for now , avoid sell trades
Silver outlook
Silver ( xag/usd ) prices tested 15.38$ yesterday our selling signal target was 15.40$ after achieved our call’s target silver fired with full power and now cruising at 15.80$ almost at highest point of the day , a good resistance in comex silver today at 16.10$ once market break and sustain above this level then expect more highs upto 16.35$ – 16.55$ today in silver
If comex silver price click our support at 15.30$ and sustain below our intraday support today then expect silver prices to correct upto 15.05$ – 14.80$ today
Silver outlook conclusion : Intraday silver trend looking positive for now so avoid major sell trades
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