Intraday gold forecast
Gold opened weak today . It made low of 1168$ and now price trading at 1070.50$ . A good support on gold chart today at 1062$ . If market break this and sustain below our intraday support then expect sellers to have party upto 1055$ – 1048$ today .
Gold chart suggests a resistance at 1081$ . If price break this and sustain above our intraday resistance then expect this yellow metal to zoom upto 1090$ – 1100$ and even more firing not ruled out after 1100$ .
Intraday gold forecast conclusion : Trend is weak for now . Avoid any buy trade for now .
Intraday silver forecast
Silver finally followed gold and broke 14$ . It made low of 13.95$ . Currently prices are trading at 13.98$ . A good support on silver chart at 13.70$ . If market break this and sustain below our intraday support then expect 13.50$ – 13.30$ today .
Silver chart suggests a resistance at 14.31$ . If somehow market manage to breach this and sustain above our intraday resistance then expect some relief to buyers upto 14.50$ – 14.70$ today .
Intraday silver forecast conclusion : Trend is weak for now . Avoid any buy trade for now .
More will update to our trading signals subscribers .