Daily gold forecast

Gold price trading flat at 1084$ after big bang of friday . Currently gold is in positive trend . A good intraday resistance stands at 1092 . If market manage to break this and sustain above our resistance then expect bulls to take charge again upto 1100$ – 1108$ today .

Gold chart shows a good support in today’s trading session at 1075$ . If market manage to break this and sustain below our support then expect some profit booking upto 1065$ – 1055$ today .

Gold price forecast conclusion : Trend is in favor of bulls . So avoid any selling trade . Focus on levels .

Silver price update

Currently silver price trading at 14.55$ . Technical chart suggests a support at 14.30$ . If market manage to break this and sustain beneath this intraday support then expect some profit booking upto 14.05$ – 13.80$ today .

If silver price manage to break our intraday resistance at 14.80$ and sustain above our intraday resistance . Then expect market to zoom upto 15$ – 15.30$ today .

Silver price update conclusion : Silver trend is still positive . Avoid any sell trade .

More will update to our trading signal subscribers .

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By marafat