Gold price forecast
Gold ( Xauusd ) trading higher today at 1114$ gold got bulls in its favour when it crossed our major hurdle of 1104$ now our major hurdle become a major support in gold , once it break and manage to sustain below our technical support then expect gold to crack upto 1096$ – 1088$ today
Gold has good resistance at 1121$ once gold prices break this resistance and sustain above our technical resistance today then expect gold to fire upto 1129$ – 1137$
Gold forecast conclusion : Gold trend looking positive for now
Silver price forecast
Silver prices trading slightly lower than gold at 15.27$ , a good resistance in prices at 15.50$ once market cross this and sustain above this then expect silver bulls to take upto 15.80$ – 16.05$ today
If silver price click our technical support today at 14.99$ and sustain below our technical support then expect market to dip upto 14.80$ – 14.60$ today
Silver forecast conclusion : Silver trend is flat to negative today avoid major fresh buy
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