Gold forecast
Gold ( xauusd ) price firing as its trading now at 1142$ . We extracted good profits in positional signal as our buy call initiated at 1102$ and we booked profit yesterday at 1140$ . Even our intraday trading signal subscribers enjoyed when we asked to buy gold yesterday at 1127$ for 1134$ . Today it has a good resistance on intraday chart at 1151$ . If gold price break this hurdle and manage to sustain above our resistance . Then expect traders to enjoy upside upto 1160$ – 1169$ today .
A good support on intraday gold chart at 1131$ . If traders manage to break this level and sustain beneath our support . Then expect xauusd to face a bit profit booking upto 1125$ – 1117$ today .
Gold forecast conclusion : Trend is positive for now .
Silver forecast
Silver ( xagusd ) price trading at 14.65$ . We enjoyed approx 3000$ profit in our positional signal yesterday and approx 1100$ profits in our day trading silver signal . Currently xagusd has a good resistance on chart at 14.82$ . If traders break this and manage to sustain above our resistance . Then expect market to support buyers upto 15 – 15.25$ today .
A good support on intraday silver chart at 14.30$ . If traders break this support and manage to sustain below our daily support . Then expect market to correct upto 14.05$ – 13.80$ today .
Silver forecast conclusion : Trend is positive for now .
More will update to our trading signal subscribers .