Silver forecast
Silver ( xagusd ) price trading at 17.30$ . It made high near our hurdle of 17.50$ zone but it could not break our hurdle yesterday and retraced back from there . Intraday silver chart has a resistance at 17.52$ . If traders break this hurdle and manage to sustain trade above our hurdle today . Then expect this commodity to test upto 17.75$ – 17.98$ today .
A good support on silver chart stands at 17.15$ . If traders break this major level and manage to sustain trade beneath our support today . Then expect this commodity to test upto 16.90$ – 16.70$ today .
Silver forecast conclusion : Xagusd trend is flat for now . Trade with levels .
Gold forecast
Gold ( xauusd ) price trading at 1278.60$ today . Yesterday it made high near 1288$ but could not break our hurdle in 1290$ zone . Today again same resistance is there . If gold traders break our hurdle of 1291$ and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1299$ – 1307$ today .
A good support on gold chart stands at 1270$ . If traders break this major level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1263$ – 1254$ today .
Gold forecast conclusion : Xauusd trend is flat for now . Trade with levels .
More will update to our trading signal subscribers .