Silver forecast
Comex Silver ( xagusd ) price trading at 17.16$ . It opened higher today and tested above 17.20$ . A good support on daily chart stands at 16.90$ . If trader break this major base level and manage to sustain trade beneath our support today . Then expect silver prices to test upto 16.70$ – 16.50$ today .
A good resistance on daily chart stands at 17.35$ . If trader break this major hurdle and manage to sustain trade above our resistance today . Then expect silver price to test upto 17.55$ – 17.78$ today .
Silver forecast conclusion : Comex xagusd trend is positive for now .
Gold forecast
Comex Gold ( xauusd ) price trading at 1217$ . It also opened higher today and it tested 1220$ in early session . A good hurdle on daily chart stands at 1228$ . If trader break this major hurdle and manage to sustain trade above our resistance . Then expect gold price to test upto 1237$ – 1246$ today .
A good base level on daily chart stands at 1207$ . If trader break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1200$ – 1191$ today .
Gold forecast conclusion : Comex xauusd trend is positive for now .
More will update to our trading signals subscribers .