Gold trend
Comex gold ( xau/usd ) making new highs after open flat at 1158 its not trading at 1164$ a good intraday gold resistance at 1176$ once gold price break this and market manage to sustain above resistance then expect market to fire upto 1191$ – 1200$ today
If gold price click our intraday gold support at 1148$ and manage to sustain below our market support then expect market to correct upto 1136$ – 1125$ today
Gold trend conclusion : Comex gold trend is positive for now , avoid any sell trade
Silver trend
Comex silver ( xag/usd ) trading at 15.97$ a good resistance in silver price at 16.20$ once silver break this and sustain above our intraday resistance then expect market to test upto 16.55$ – 16.80$ today
If silver prices click our intraday technical support at 15.60$ and sustain below our major support then expect some profit booking in comex silver upto 15.30$ – 15.05$ today
Silver trend conclusion : xag/usd trend is positive for now
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