Gold forecast
Gold ( xauusd ) price trading higher at 1120$ . Our positional signal subscribers enjoying the gains . A good resistance on intraday gold chart at 1128$ . If price break this and manage to sustain above our resistance . Then expect market to support buyers upto 1137$ – 1148$ today .
A good support on intraday gold chart at 1108$ . Once break this support and manage to sustain below our intraday support . Then expect market to correct upto 1100$ – 1091$ today .
Gold forecast conclusion : Trend is positive for now .
Silver forecast
Silver ( xagusd ) price trading higher at 14.47$ . Our positional signal subscribers enjoying the gains . A good resistance on intraday silver chart at 14.91$ . If price break this and manage to sustain above our resistance . Then expect market to zoom upto 15.45$ – 16.20$ today .
A good support on intraday silver chart at 14.10$ . Once market break this support and manage to sustain below our intraday support . Then expect sellers to enjoy upto 13.90$ – 13.70$ today .
Silver forecast conclusion : Trend is positive for now .
Today we have FOMC meeting . We will see if Fed would change the interest rate today or not . This will determine the further trend of market today .
More will update to our trading signal subscribers .