Gold forecast
Comex Gold ( xauusd ) price trading at 1234$ . A good base level on daily chart stands at 1227$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1220$ – 1212$ today .
A good hurdle on daily chart stands at 1245$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold price to fire upto 1252$ – 1261$ today .
Gold forecast conclusion : Comex xauusd trend is flat to weak for now .
Silver forecast
Comex Silver ( xagusd ) price trading lower today as its keeping it heads down and sustaining below 18$ . A good support on daily chart stands at 17.70$ . If trader breaks this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 17.50$ – 17.20$ today .
A good resistance on daily chart stands at 18.20$ . If trader breaks this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to fire upto 18.45$ – 18.70$ today .
Silver forecast conclusion : Comex xagusd trend is flat to weak for now .
More will update to our trading signals subscribers .
US is close today . So stay cautious .