Gold signal

Yesterday we posted in our gold forecast that gold is in positive zone and do not sell. Instead buy in dips and trade with buy and avoid sell in this major commodity.

A good day for our gold signal subscribers. We asked them to buy this precious metal yesterday. Xauusd fired and our subscribers exited at our target. Here is our gold signal.

Buy gold at 1297$ with stoploss of 1290.50 for target of 1306$. Xauusd fired and our subscribers exited at 1306$, We fetched nearly 90 pips in this trade and made approx $900 profit per lot in this trade.

Currently prices are flirting with 1306$, A good resistance now stands at 1309$, Above this gold price may test upto 1318$- 1327$ and even more firepower not ruled out.

Currently gold price cruising near resistance, Once market breaks 1309$ bulls would take over this precious metal and we advice not to sell this precious metal. Still buy in dips would be good strategy. Look for 1300-1299$ level to enter trade.

Silver signal

Our silver signal subscribers also followed with profit. We gave them a buy in this major commodity yesterday. It fired and our subscribers exited at our target. Here is our silver signal which we gave to our subscribers.

Buy silver at 16.38$ with stoploss of 16.17$ for target of 16.60$. Xagusd fired and our subscribers exited at 16.60$. We fetched nearly 120 pips in this trade and juiced approx $1200 profit per lot in this trade.

Currently silver price trading just near our resistance we mentioned in our today’s forecast. Resistance on silver chart stands at 16.62$, If traders sustain above this price then expect 16.84$- 17.05$ today.

Read full silver analysis

Currently silver trend is positive and bulls are taking control now. Once they break our resistance bulls would be in full control so we advise not to sell this precious metal. Buy in dips would be good strategy. Look for 16.50$ to enter in any buy.

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By marafat

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