Gold forecast
Gold price ( xauusd ) trading flat since yesterday . No movement at all . Its still trading at 1089$ . A good support on chart at 1082$ . If xauusd break this and manage to trade below our support level . Then expect bears to take charge upto 1074$ – 1066$ today .
A good resistance on gold chart at 1100$ . If buyers manage to pull this level up and sustain trade above this resistance . Then expect market to support buyers upto 1108$ – 1117$ today .
Gold forecast conclusion : Trend is flat to weak for now . Just follow levels .
Silver forecast
Silver price ( xagusd ) trading flat too . But its outperforming gold a bit . Currently prices trading at 13.96$ . A good resistance on higher side at 14.21$ . If buyers manage to break this barrier and trade above this level . Then expect this precious metal to fire upto 14.50$ – 14.71$ today .
A good support on silver chart at 13.70$ . If sellers manage to break this support and sustain trade beneath this level . Then expect xagusd to correct upto 13.50$ – 13.20$ today .
Silver forecast conclusion : Trend is flat for now .
More will update to our trading signal subscribers .