Silver forecast
Silver ( xagusd ) price trading at 19.50$ . It opened lower today and trading lower from its friday’s closing . A good support on intraday silver chart stands at 19.30$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.10$ – 18.90$ 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 hurdle today . Then expect this major commodity to test upto 19.99$ – 20.22$ today .
Silver forecast conclusion : Xagusd trend is weak for now .
Gold forecast
Gold ( xauusd ) price trading lower today . It opened lower from its friday’s closing . Currently prices are flirting with 1318$ . A good support on intraday gold chart stands at 1307$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1300$ – 1291$ today .
A good resistance on intraday gold chart stands at 1326$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1333$ – 1340$ today .
Gold forecast conclusion : Xauusd trend is weak for now .
More will update to our trading signal subscribers .