Silver forecast
Silver ( xagusd ) price trading at 19.70$ . Yesterday it made low near 19.30$ and then fired all the way till 19.90$ . A good support on daily silver chart stands at 19.45$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.25$ – 19.05$ .
A good resistance on daily silver chart stands at 20.05$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect this major commodity to test upto 20.30$ – 20.52$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading at 1327$ . Yesterday it made low of 1314$ and fired back till 1333$ . A good support on daily gold chart stands at 1337$ . If traders break this major hurdle and manage to sustain trade above our resistance . Then expect this precious metal to test upto 1347$ – 1355$ today .
A good support on daily gold chart stands at 1318$ . If traders break this major support level and manage to sustain trade beneath our support level . Then expect this precious metal to test upto 1309$ – 1301$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .