Silver forecast
Silver ( xagusd ) price fired yesterday and we enjoyed the profits from 17.97$ till 18.17$ . Currently prices are trading at 18.47$ . A good hurdle on chart stands at 18.65$ . Once traders break this major hurdle and manage to sustain trade above our resistance today . Then expect more power to silver buyers upto 18.85$ – 19.05$ today .
A good base level stands on chart at 18.30$ . Once traders break this major base level and manage to sustain trade beneath our support today . Then expect silver prices to drag upto 18.05$ – 17.88$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading 1293$ . It fired from 1270$ to 1290$ yesterday . We enjoyed completely as our intraday signal gave us almost 70 pips profits and our positional signal delivered 300 pips profits approx . A good resistance on chart stands at 1302$ . Once traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1308$ – 1317$ today .
A good support on chart stands at 1280$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold prices to correct upto 1271$ – 1263$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .