Silver forecast
Silver ( xagusd ) price trading at 19.52$ today . Its trading in a small range since yesterday . A good support on intraday silver chart stands at 19.25$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.02$ – 18.80$ today .
A good resistance on intraday silver chart stands at 19.75$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.98$ – 20.20$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading at 1327$ . Yesterday it traded in a small range and closed flat . A good base level on intraday gold chart stands at 1318$ . If traders break this major support and manage to sustain trade beneath our base level today . Then expect sellers to take charge in this precious metal upto 1309$ – 1300$ today .
A good resistance on intraday gold chart stands at 1336$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect buyers to charge this precious metal prices upto 1346$ – 1354$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .