Gold price forecast
Gold ( xauusd ) price trading at 1280$ . It fired from 1274$ till 1280$ in early session today . A good resistance on daily chart stands at 1291$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1302$ – 1311$ today .
A good support on gold chart stands at 1270$ . Once traders take this base level out and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1262$ – 1253$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
Silver price forecast
Silver ( xagusd ) price trading at 17.94$ today . It fired from 17.80$ till 17.98$ today . A good hurdle on daily chart stands at 18.12$ . Once traders take this hurdle out and manage to sustain trade above our resistance today . Then expect silver prices to test upto 18.35$ – 18.56$ today .
A good base level on silver chart stands at 17.75$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 17.52$ – 17.30$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
More will update to our trading signal subscribers .