Gold forecast
Gold ( xauusd ) price trading at 1266$ . Its trading almost flat from its last week’s closing . A good resistance on chart stands at 1272$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1281$ – 1289$ today .
A good support on gold chart stands at 1258$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1251$ – 1243$ today .
Gold forecast conclusion : Xauusd trend is flat to positive for now .
Silver forecast
Silver ( xagusd ) price trading at 17.62$ . Its trading pretty higher from its last week’s closing . A good hurdle on chart stands at 17.80$ . If traders break this major hurdle and manage to sustain trade above our resistance . Then expect silver prices to fire upto 18$ – 18.22$ today .
A good base level on silver chart stands at 17.40$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 17.20$ – 17$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
More will update to our trading signal subscribers .