Gold forecast
Gold ( xauusd ) price trading at 1100$ . A good support on intraday chart at 1090$ . If bears manage to break this level and sustain trade beneath this support . Then expect market to support sellers upto 1081$ – 1073$ today .
A good resistance on intraday gold chart at 1108$ . Once this level breaches and buyers manage to trade above this level for sometime . Then expect good buyers movement upto 1117$ – 1127$ today .
Gold forecast conclusion : Trend is flat to positive for now . Avoid selling till our support stays .
Silver forecast
Silver ( xagusd ) price trading at 14.09$ . A good support on intaday chart at 13.88$ . If this support gets surpass by sellers and if they manage to trade beneath this level . Then expect more power to bears upto 13.70$ – 13.50$ today .
A good resistance on intraday silver chart stands at 14.40$ . Once this resistance is out and buyers manage to trade above this level . Then expect market to favor buyers upto 14.60$ – 14.85$ today .
Silver forecast conclusion : Trend is flat to positive for now . Avoid selling position
More will update to our trading signal subscribers .