Silver forecast
Silver ( xagusd ) price trading at 20.20$ . It fired from 19.65$ till 20$ . We cashed it completely as our buy signal initiated at 19.67$ yesterday and we booked profits at 19.87$ . A good support on intraday silver chart stands at 19.80$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.60$ – 19.40$ today .
A good resistance on intraday silver chart stands at 20.45$ . If traders break this major resistance and manage to sustain trade above 20.45$ today . Then expect this major commodity to test upto 20.70$ – 20.92$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading at 1354$ . Yesterday we gave a buy signal at 1332$ for target of 1339$ . Today it has a good base level on chart at 1342$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold prices to crack upto 1333$ – 1325$ today .
A good hurdle on intraday gold chart stands at 1362$ . If traders break this major hurdle today and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1371$ – 1380$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .