Gold intraday trend
Gold ( xau/usd ) prices trading under pressure today at 1143$ yesterday gold tested 1151$ and then started retracing from higher levels , now if gold price click our intraday support at 1130$ and sustain below our today’s gold support then expect bears to have upper hand upto 1120$ – 1108$ today
If gold price click our intraday resistance at 1153$ and sustain above our today’s gold resistance then expect bulls to take over again and gold may test upto 1165$ – 1178$ and more
Gold intraday trend conclusion : Gold trend is positive but profit booking not ruled out
Silver intraday trend
Silver ( xag/usd ) prices retracing since yesterday after making highs above 16$ and now its trading at 15.65$ , a good support in silver now at 15.30$ once market break this and sustain below our intraday support then expect 15.05$ – 14.80$ today
If silver price click our intraday resistance at 16.20$ and sustain above our today’s silver resistance then expect market to fire upto 16.50$ – 16.80$ today
Silver trend conclusion : Silver trend is positive but profit booking not ruled out today
More will update to our subscribers