Silver forecast
Silver ( xagusd ) price trading today at 17.28$ . It jumped from 17.10$ zone till 17.30$ some hours ago and still sustaining above 17.25$ . Currently silver chart has a good intraday resistance at 17.52$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this commodity to test upto 17.85$ – 18.10$ today .
A good support on silver intraday chart stands at 16.98$ . If traders break this major support today and manage to sustain trade beneath our support today . Then expect this commodity to test upto 16.75$ – 16.50$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading at 1281$ . It jumped from 1273$ till 1282$ just some hours ago beating the scenario of any consolidation just yet . A good support on intraday gold chart stands at 1272$ . If traders break this major level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1266$ – 1257$ today .
A good resistance on gold intraday chart stands at 1291$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1299$ – 1308$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .