Silver trend
Silver ( Xagusd ) price fired on opening and gave a gap up from 18.80$ till 19.10$ . Currently prices are trading above 19.10$ . A good support on daily silver chart stands at 18.85$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 18.65$ – 18.40$ today .
A good resistance on daily silver chart stands at 19.32$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.55$ – 19.78$ today .
Silver trend conclusion : Xagusd trend is positive for today .
Gold trend
Gold ( Xauusd ) price opened higher today . It opened from 1308$ to 1315$ . Currently prices are trading above 1315$ . A good major hurdle on intraday chart stands at 1325$ . If traders break this major resistance and manage to sustain trade above our hurdle today . Then expect this precious metal to test upto 1333$ – 1341$ today .
A good support on intraday gold chart stands at 1307$ . If traders break this major base level and manage to sustain trade beneath our base level today . Then expect this precious metal to test upto 1300$ – 1290$ today .
Gold trend conclusion : Xauusd trend is positive for today .
More will update to our trading signal subscribers .