Gold forecast
Comex Gold ( xauusd ) price trading at 1224$ . It opened pretty good and holding higher today . A good resistance on daily chart stands at 1232$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1241$ – 1249$ today .
A good support on daily chart stands at 1215$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1207$ – 1200$ today .
Gold forecast conclusion : Comex xauusd trend is positive for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 17.58$ . A good base level on daily chart stands at 17.35$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect silver prices to test upto 17.15$ – 16.90$ today .
A good hurdle on daily chart stands at 17.75$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today , Then expect silver price to test upto 17.98$ – 18.20$ today .
Silver forecast conclusion : Comex xagusd trend is positive for now .
More will update to our trading signals subscribers .
Precious metals are firing despite good Indices and good dollar index . So stay cautious and avoid any selling for now .