Gold forecast
Comex Gold ( xauusd ) price trading at 1266$ . Last night xauusd tested above 1272$ but could not sustain on higher levels . A good support on daily technical chart stands at 1258$ . If traders breaks this major base and manage to sustain trade below our support today . Then expect more pressure in xauusd prices upto 1250$ – 1242$ today .
A good resistance on daily technical chart stands at 1275$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some rise in xauusd prices upto 1282$ – 1291$ today .
Gold forecast conclusion : Comex xauusd trend is flat for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 17.27$ . It tested near 17.40$ last night but could not sustain on those levels . Xagusd prices are running in pressure . A good base level on daily technical chart stands at 17.15$ . If traders breaks this major base and manage to sustain trade below our support today . Then expect more pressure in xagusd prices upto 16.90$ – 16.70$ today .
A good hurdle on daily technical chart stands at 17.55$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect some firepower in xagusd prices upto 17.80$ – 17.99$ today .
Silver forecast conclusion : Comex xagusd trend is flat for now .
Read our yesterday’s forecast and levels here
More will update to our trading signals subscribers .
[…] Currently prices are trading at 17.13$ . To get daily levels and trend for today . Read our today’s forecast with technical levels by clicking here […]
[…] Read our yesterday’s forecast here […]