Gold forecast
Comex Gold ( xauusd ) price trading higher at 1234$ today . We gave a buy signal last night which fetched us good 8$ . A good resistance on daily chart stands at 1242$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to fire more upto 1251$ – 1260$ today .
A good support on daily chart stands at 1225$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1217$ – 1207$ today .
Gold forecast conclusion : Comex xauusd trend is positive for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 17.73$ . Its trading pretty firm since yesterday . A good hurdle on daily chart stands at 17.90$ . If trader break this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to test upto 18.12$ – 18.35$ today .
A good base level on daily chart stands at 17.50$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 17.30$ – 17.05$ today .
Silver forecast conclusion : Comex xagusd trend is positive for now .
More will update to our trading signals subscribers .