Daily silver gold price forecast 30th june 2016

By | June 30, 2016

Silver forecast

Silver ( xagusd ) prices trading on higher side compare to its counterpart . Currently its trading near 18.40$ . A good resistance on intraday silver chart stands at 18.55$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 18.78$ – 18.98$ today .

A good support on intraday silver chart stands at 18.17$ . If traders break this major support level today and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 17.90$ – 17.66$ today .

Silver forecast conclusion : Xagusd trend is positive for now .

Gold forecast

Gold ( xauusd ) price trading at 1316$ . Its trading lower than silver today . A good support on intraday gold chart stands at 1307$ . If traders break this major support today and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1300$ – 1291$ today .

A good resistance on intraday gold chart stands at 1327$ . If traders break this major hurdle and manage to sustain trade above our resistance then expect this precious metal to test upto 1334$ – 1342$ today .

Gold forecast conclusion : Gold trend is flat to weak for now .

We have UK gdp numbers and US unemployment claims data today . Stay cautious and do not over trade . Trade low qty near these events and use proper stoploss .

More will update to our trading signal subscribers .

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