Gold forecast
Gold ( Xauusd ) price trading in a small range since yesterday . Currently prices are trading at 1322$ . A good support on daily gold chart stands at 1315$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1308$ – 1300$ today .
A good resistance on daily gold chart stands at 1330$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1338$ – 1346$ today .
Gold forecast conclusion : Xauusd trend is flat to weak for now .
Silver forecast
Silver ( xagusd ) price trading at 18.96$ today . A good support on intraday silver chart stands at 18.70$ . If traders break this major base level and manage to sustain trade beneath our base level . Then expect this major commodity to correct upto 18.50$ – 18.30$ today .
A good hurdle on intraday silver chart stands at 19.20$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.42$ – 19.65$ today .
Silver forecast conclusion : Xagusd trend is flat to weak for now .
More will update to our trading signal subscribers .