Gold update
Comex Gold ( xauusd ) price trading at 1174$ . Its trading flat since morning without any major trend . A good support on daily chart stands at 1167$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1160$ – 1152$ today .
A good resistance on daily chart stands at 1184$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1190$ – 1198$ today .
Gold update conclusion : Comex Xauusd trend is flat to weak for now .
Silver update
Comex Silver ( xagusd ) price trading at 16.45$ . A good base level on daily chart stands at 16.24$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 16.02$ – 15.80$ today .
A good hurdle on daily chart stands at 16.70$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to test upto 16.92$ – 17.12$ today .
Silver update conclusion : Comex Xagusd trend is flat for now .
Today we have Europe’s unemployment rate . So keep an eye on this data .
More will update to our trading signal subscribers .