Gold trend

Gold price trading slightly lower since yesterday . It tested 1066$ zone again . Currently prices are trading at 1070$ . Gold chart has a good resistance at 1082$ . If market break this and sustain above our intraday resistance level then expect market to zoom upto 1090$ – 1099$ today .

If gold price break our chart support at 1064$ and sustain below our intraday support level then expect market to favor sellers upto 1055$ – 1045$ today .

Gold trend conclusion : Trend is flat . No major movement since 3-4 days . Just follow our technical levels .

Silver price forecast

Silver price trading almost in same range since yesterday . It tested 14.03$ . Currently prices are trading at 14.11$ . If market break our silver chart resistance at 14.41$ and sustain above our intraday resistance level then expect good movement for buyers upto 14.70$ – 15$ .

If silver price break our intraday support level of 13.90$ and sustain below our chart support then expect market to favor sellers upto 13.70$ – 13.50$ today .

Silver price forecast conclusion : Trend is flat . So just follow our technical levels .

Major data which could change gold silver trend today . Here is the list .

US core retail sales ( Nov )

US PPI ( Nov )

US Retail sales ( Nov )

Michigan Consumer Sentiments ( Dec )

More will update to our trading signal subscribers .

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By marafat