Gold forecast
Yesterday was judgement day for market but it turned out to be a boring day no rate cut from fed and it was like a big drama come to an end as usual , gold fired after fed announcement from 1115$ to 1130$ and now its trading at 1128$ . A good resistance in gold prices at 1136$ if gold break this and sustain above our technical resistance today then expect 1144$ – 1150$ levels in gold today
If gold price click our support at 1117$ and sustain below our technical support today then expect market to test upto 1108$ – 1100$ today
Gold forecast conclusion : Gold trend is positive but small profit booking not ruled out
Silver forecast
Silver prices fired till 15.25$ on fed announcement , now its trading at 15$ . Once market click our support at 14.70$ and sustain below our technical support today then expect silver to test upto 14.40$ – 14.05$ today
If silver price click or resistance at 15.51$ and sustain above our technical resistance today then expect market to test upto 15.70$ – 15.92$ today
Silver forecast conclusion : Silver trend is positive for now
More will update to our subscribers