Gold forecast
Gold ( xauusd ) price opened higher today . Currently prices are trading at 1282$ . A good support on gold chart stands at 1270$ . If traders break this hurdle and manage to sustain trade below our support today . Then expect this precious metal prices to crack upto 1262$ – 1250$ today .
A good resistance on gold chart stands at 1290$ . If traders break this hurdle and manage to sustain trade above our resistance today . Then expect this commodity to test upto 1300$ – 1308$ today .
Gold forecast conclusion : Trend is positive for now . But no fresh buying recommendation on these levels .
Silver forecast
Silver ( xagusd ) price trading at 17.30$ . A good resistance on silver chart stands at 17.55$ . If traders break this hurdle and manage to sustain trade above our hurdle today . Then expect this commodity to test upto 17.80$ – 18$ today .
A good support on silver chart stands at 17.15$ . If traders break this major support today and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 16.90$ – 16.70$ today .
Silver forecast conclusion : Trend is positive for now .
More will update to our trading signal subscribers .