Gold price forecast
Today gold market opened with positive flavor giving a push to gold prices upto 1118$ , A good resistance in gold at 1127$ if market break this and sustain above this level then expect a good bull run upto 1136$ – 1148$ today
If gold price break our technical support today at 1111$ and sustain below our major support then expect gold market to correct upto 1104$ – 1094$ today
Gold price forecast conclusion : Gold trend is flat to positive for now
Silver price forecast
Silver prices trading flat and it did not shown any strength on opening like gold , friday’s weakness is still strengthning in silver . A good support at 14.98$ once silver break this and sustain beneath this major support then expect 14.70$ – 14.50$
If silver break our resistance at 15.62$ and sustain above our technical resistance today then expect silver to test upto 15.90$ – 16.10$ today
Silver price forecast conclusion : Silver trend is flat to negative for now