Gold forecast
So finally Greece crisis taken some noticable turn and Greece defaulted on IMF payment , After default world market did not even gave a red hint and it did not panic at all , seems every market be it forex , gold or stocks has already discounted Greece default and now waiting for Refrendum date which is july 5th , So again a date in Greece crisis which is giving a feel of indian courts where you keep getting dates for years and matter remain unsolved . Only after 5th july some real movement or development can be seen in gold and for now , If gold price click our support of 1165$ and sustain below our technical support today then expect 1155$ – 1147$
If gold price click our resistance of 1184$ and sustain above this level then expect 1190$ – 1198$
Gold forecast conclusion : No major trend in gold so just follow levels for now
Silver forecast
Silver prices trading in same small boring range since 2-3 days and now its at 15.65$ , if silver click our technical support at 15.50$ and sustain below this level then expect silver to correct upto 15.30$ – 15$
If silver price click our resistance of 15.92$ and sustain above our resistance then expect some recovery in silver upto 16.20$ – 16.50$ today
Silver forecast conclusion : Silver trend is flat to weak for now
More will update to our subscribers