Gold outlook
Gold ( xau/usd ) prices trading lower today at 1114$ , yesterday our positional gold signal initiated at 1126$ and since then its crashing with good pace , today a good support in gold prices at 1107$ once comex gold break this and sustain below our intraday gold support then expect market to tank upto 1100$ – 1091$ today
If gold price click our intraday gold resistance at 1128$ and sustain above our major technical gold level today then expect market to fire upto 1137$ – 1148$
Gold outlook conclusion : Gold trend is weak for now so avoid any buy trade
Silver outlook
Silver ( xag/usd ) prices trading flat since yesterday at 14.60$ no major change in silver price unlike gold which is crashing continously , a good support in silver at 14.30$ once silver break this intraday support and sustain below our support then silver may join gold for good crash upto 14$ – 13.70$ today
If silver price click our intraday silver resistance at 14.92$ and sustain above our resistance then expect market to fire upto 15.20$ – 15.50$ today
Silver outlook conclusion : Silver trend is flat for now
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