Gold forecast
Comex Gold ( xauusd ) price trading flat since yesterday . Currently its flirting with 1215$ . A good support on daily chart stands at 1207$ . If trader break this major base level and manage to sustain trade beneath our support today . Then expect gold prices to test upto 1200$ – 1192$ today .
A good resistance on daily chart stands at 1226$ . If trader break this major hurdle and manage to sustain trade above our resistance today . Then expect gold price to test upto 1233$ – 1240$ today .
Gold forecast conclusion : Comex Xauusd trend is flat for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 17.13$ . A good base level on daily chart stands at 16.90$ . If trader take this support out and manage to sustain trade beneath our support today . Then expect silver prices to test upto 16.70$ – 16.50$ today .
A good hurdle on daily chart stands at 17.35$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver price to test upto 17.54$ – 17.77$ today .
Silver forecast conclusion : Comex Xagusd trend is flat for now .
We have EU membership court ruling after 3 hours . It would be a crucial decision . UK court will announce a ruling regarding the govt ability to bypass parliament and initiate the Brexit by triggering article 50 .
More will update to our trading signals subscribers .