Silver forecast
Silver ( xagusd ) price trading at 18.84$ today . Last night it fired from 18.60$ till 18.95$ . We cashed full move as our buy signal initiated at 18.70$ zone for 18.94$ . A good support on intraday silver chart stands at 18.50$ . If traders break this major base level today and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 18.30$ – 18.05$ today .
A good resistance on intraday silver chart stands at 19.05$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.32$ – 19.55$ today .
Silver forecast conclusion : Xagusd trend is positive for today .
Gold forecast
Gold ( xauusd ) price trading at 1311$ . Yesterday it made low near 1302$ and bounced back from there . A good support on intraday gold chart stands at 1298$ . If traders break this major base level and manage to sustain trade beneath this level . Then expect this precious metal to test upto 1291$ – 1284$ today .
A good hurdle on intraday gold chart stands at 1319$ .If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1327$ – 1338$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .