Silver forecast
Silver ( xagusd ) price trading at 17.67$ . Its trading almost on lower side since yesterday . Currently silver intraday chart has a good support at 17.48$ . If traders manage to break this major support level and sustain trade beneath our support today . Then expect this commodity to test upto 17.25$ – 17.03$ today .
A good resistance on intraday silver chart stands at 17.91$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 18.10$ – 18.32$ today .
Silver forecast conclusion : Xagusd trend is flat to weak for now .
Gold forecast
Gold ( xauusd ) price trading at 1317$ . Its trading in lower zone since morning and it seems to be in bear side by now . Currently intraday gold chart has a support at 1307$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1300$ – 1291$ today .
A good resistance on intraday gold chart stands at 1328$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1337$ – 1344$ today .
Gold forecast conclusion : Xauusd trend is flat to weak for now .
More will update to our trading signal subscribers .