Xauusd forecast
Xauusd ( Gold ) prices trading at 1093$ exact same price since yesterday . Its trading in small same range since yesterday . No movement at all . Today some data from UK could give trend . Support for today at 1084$ , once market break this and sustain below our intraday support then expect market to correct upto 1075$ – 1066$ today .
If comex gold price click our resistance at 1108$ and sustain above our intraday resistance then expect market to favour bulls upto 1117$ – 1127$ today .
Xauusd forecast conclusion : Gold trend is flat for now .
Xagusd forecast
Xagusd ( silver ) price trading at 14.50$ since yesterday . No major movement in last 2 days . Today Average earnings data from UK could decide its further trend . A good support stands at 14.25$ once market break this and sustain below our intraday silver support then expect 14$ – 13.80$ today .
If silver price break our resistance at 14.81$ and sustain above our intraday resistance today then expect comex xagusd to fire upto 15$ – 15.25$ today .
Xagusd forecast conclusion : Silver trend is flat for now
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