Gold forecast
Gold ( xauusd ) price trading higher today . It made high of 1248$ and currently its trading at 1244$ . A good resistance on chart at 1252$ . If gold traders break this hurdle and manage to sustain trading above our resistance . Then expect market to support buyers upto 1260$ – 1267$ today .
A good support on today’s gold chart at 1233$ . If traders break this support and manage to sustain beneath our trading support today . Then expect market to face some consolidation upto 1227$ – 1220$ today .
Gold forecast conclusion : Trend is positive for now . Avoid any major selling .
Silver forecast
Silver ( xagusd ) price trading at 14.94$ . Yesterday only we exited our positional selling which fetched us approx 2000usd profit per lot . A good support on today’s chart at 14.47$ . If traders manage to break this major level and sustain trading beneath our support . Then expect market to correct upto 14.20$ – 14$ today .
A good resistance on silver chart at 15.25$ . If traders break this hurdle and manage to sustain above our resistance today . Then expect market to support buyers upto 15.50$ – 15.80$ today .
Silver forecast conclusion : Trend is flat to positive for now .
More will update to our trading signal subscribers .