Silver forecast
Yesterday we bought this commodity and made some bucks in mcx and comex . Currently prices are trading at 17.45$ . A good support on intraday silver chart stands at 17.15$ . If traders break this major support and manage to sustain trade beneath our support totday . Then expect this commodity to melt upto 17$ – 16.78$ today .
A good resistance on silver intraday chart stands at 17.62$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this commodity to test upto 17.85$ – 18.04$ today .
Silver forecast conclusion : Silver trend is flat to positive for now .
Gold forecast
Gold ( xauusd ) price trading today at 1284$ . A good support on intraday gold chart stands at 1274$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1266$ – 1257$ today .
A good resistance on intraday gold chart stands at 1291$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1299$ – 1308$ today .
Intraday gold forecast conclusion : Xauusd trend is flat for now .
More will update to our trading signal subscribers .