Daily silver gold forecast 30th august 2016

By | August 30, 2016

Gold forecast

Gold ( xauusd ) price trading at 1320$ . Yesterday it tested 1326$ and then cracked from higher level . A good support on intraday gold chart stands at 1317$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1309$ – 1301$ today .

A good resistance on intraday gold chart stands at 1331$ . If traders break this major resistance and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1339$ – 1347$ today .

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

Silver forecast

Silver ( xagusd ) price trading at 18.70$ . Yesterday it tested near 18.90$ zone and our trading signal target achieved which initiated buy at 18.67$ . A good major base level on silver price stands at 18.45$ . If traders break this base level and manage to sustain trade beneath our base today . Then expect this major commodity to test upto 18.20$ – 18$ today .

A good hurdle on intraday silver chart stands at 18.91$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect this major commodity to test upto 19.10$ – 19.32$ today .

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

More will update to our trading signal subscribers .

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