Silver forecast
Yesterday silver made low near our support of 17.50$ zone and fired afterwards . Currently prices are trading at 18.23$ . A good resistance on intraday silver chart stands at 18.50$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 18.72$ – 18.98$ today .
A good support on intraday silver chart stands at 18$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 17.78$ – 17.53$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading today at 1322$ . Yesterday it made low just beneath our signal’s target and then started its firing . A good resistance on intraday gold chart stands at 1331$ . If traders break this major resistance and manage to sustain above our hurdle today . Then expect this precious metal to test upto 1339$ – 1347$ today .
A good support on intraday gold chart stands at 1315$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1307$ – 1300$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .