Gold price forecast
Gold prices trading in same range at 1117$ since 2 days despite a big fall in silver yesterday , it went till 1110$ but it could not break our support of 1109$ and reverted back from there , now gold has to break support of 1109$ if it want to join party with silver once this break and sustain below this support then expect 1104$ – 1095$
If gold click our technical resistance today at 1123$ and sustain above our major hurdle then expect prices to fire upto 1130$ – 1137$ today
Gold price forecast conclusion : No major trend in gold , Follow levels
Silver price forecast
Silver prices fallen yesterday and we cashed it completely by going short almost on top , now silver trading at 14.85$ a good support in prices at 14.65$ once market break and sustain below this technical level today then expect 14.40$ – 14.20$
If silver click our resistance at 15.05$ and sustain above this market resistance then expect silver to test upto 15.30$ – 15.55$ today
Silver price forecast conclusion : Silver trend is weak
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