Gold forecast
Gold price ( xauusd ) trading slightly higher today at 1080$ . A good resistance on chart at 1086$ . If price break this hurdle and manage to trade sustain above this level . Then expect market to zoom upto 1093$ – 1100$ today .
A good support on chart at 1071$ . If xauusd price break this major base and manage to trade beneath this level then expect market to crack upto 1063$ – 1054$ today .
Gold forecast conclusion : Trend is still in favor of buyers . Just stay cautious on higher levels .
Silver outlook
Silver price ( xagusd ) trading flat since yesterday at 13.95$ . A good support for today’s trading session at 13.70$ . If sellers break this support and manage to sustain beneath this level . Then expect market to correct upto 13.50$ – 13.20$ today .
A good resistance at 14.25$ in silver price . If xagusd price break this and manage to sustain above this hurdle . Then expect market to zoom upto 14.50$ – 14.75$ today .
Silver outlook conclusion : Trend is still positive for now .
More will update to our trading signal subscribers