Gold price trend
While world equity markets in deep red and gold prices are stable but in red too , a weird combination but gold prices seems already discounted last week , so now if gold click our technical resistance at 1166$ and sustain above our intraday resistance then expect gold prices to fire upto 1175$ – 1187$ today
If gold price click our support at 1147$ and manage to sustain below our intraday gold support then expect gold to correct upto 1140$ – 1132$ today
Gold price trend conclusion : Gold trend is flat to negative for now
Silver price trend
Silver prices trading lower than gold and its trading at 15.08$ , if silver click our major support at 14.88$ and sustain below our intraday silver support then expect market to correct upto 14.70$ – 14.50$ today
If silver click our technical resistance at 15.40$ and sustain above our intraday silver resistance then expect silver to test upto 15.62$ – 15.92$ today
Silver price trend conclusion : Silver trend is weak for now
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