Silver forecast
Comex Silver ( xagusd ) price trading at 18.38$ . Its trading in a small range since last week . A good base level on daily chart stands at 18.15$ . If traders breaks this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 17.95$ – 17.70$ today .
A good resistance on daily chart stands at 18.55$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to fire upto 18.77$ – 18.99$ today .
Silver forecast conclusion : Comex xagusd trend is flat for now .
Gold forecast
Comex Gold ( xauusd ) price trading at 1245$ . A good support on daily chart stands at 1237$ . If traders breaks this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1230$ – 1224$ today .
A good resistance on daily chart stands at 1254$ . If traders breaks this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to roar upto 1262$ – 1270$ today .
Gold forecast conclusion : Comex xauusd trend is flat to weak for now .
We have unemployment claims from US today . Keep an eye on this data .
More will update to our trading signals subscribers .