Gold trend
Yesterday gold were trading almost same price . We gave a buy in dip and it achieved our trading signal target yesterday itself . Currently prices trading at 1076$ . Gold chart suggests a good support at 1065$ . If market break this price level and sustain below our intraday chart support then expect bears to take charge again upto 1054$ – 1047$ today .
If gold price manage to break our intraday chart resistance at 1084$ and sustain above this price level then expect market to favor buyers upto 1091$ – 1100$ today .
Gold trend conclusion : Trend is in favor of buyers . Avoid any sell trade for now .
Silver price forecast
Silver price trading in pressure since yesterday . It is underperforming since yesterday . Currently prices are trading at 14.17$ . A good resistance on chart at 14.40$ . If market manage to break this level and sustain above this hurdle then expect some recovery upto 14.70$ – 15$ today .
If silver price manage to break our chart support at 13.90$ and sustain below our silver chart support then expect sellers to take advantage upto 13.65$ – 13.50$ today .
Silver price forecast conclusion : Trend is flat to weak . Avoid any major trade till levels breach .
More will update to our trading signal subscribers .
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