Gold forecast
Comex Gold ( xauusd ) price trading at 1162$ . Yesterday it made lows near 1147$ and fired back till 1165$ . A good resistance on daily chart stands at 1172$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1181$ – 1190$ today .
A good support on daily chart stands at 1154$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1147$ – 1140$ today .
Gold forecast conclusion : Comex Xauusd trend is positive for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 16.40$ . Yesterday it yielded good profits as our buy signal initiated at 16.09$ . A good base level on daily chart stands at 16.18$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect silver prices to test upto 15.98$ – 15.76$ today .
A good hurdle on daily chart stands at 16.66$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect silver price to test upto 16.88$ – 17.07$ today .
Silver forecast conclusion : Comex Xagusd trend is positive for now .
More will update to our trading signal subscribers .