Gold forecast
Yesterday gold fell from 1080$ till 1068$ . Currently prices are trading at 1073$ . Gold chart suggest a resistance in prices at 1082$ . If market manage to break this and sustain above our intraday resistance then expect this precious metal prices to move upto 1090$ – 1098$ today .
Gold chart shows an intraday support in prices at 1063$ . If market manage to break this and sustain below our this technical support today then expect bears to have upper hand once again upto 1055$ – 1044$ today .
Gold forecast conclusion : Trend is flat to positive for now . Avoid any major trading as its Thanksgiving holiday in US .
Silver forecast
Yesterday silver prices fall from 14.20$ odd zone to 14.04$ . It did’nt break our chart support of 13.98$ . Currently prices trading at 14.22$ . Technical support today on silver stands at 13.98$ . Once market break this and sustain below this major level then expect sellers to have upper hand in market upto 13.75$ – 13.51$ today .
Silver chart shows a resistance in price at 14.51$ . If market break this and sustain above our technical resistance today then expect bulls to have some respite upto 14.75$ – 14.99$ today .
Silver forecast conclusion : Trend is flat to positive for now .
More will update to our trading signal subscribers