Gold price trend
Gold prices trading slightly down from yesterday its just 1153$ – 1160$ zone which stuck most of the time , it tested 1170 zone yesterday but reverted back quickly from there , now if gold click our daily support at 1147$ and sustain below our intraday gold support then expect gold to correct upto 1140$ – 1131$ today
If gold price click our resistance at 1171$ and sustain above our intraday gold resistance then expect gold to fire upto 1180$ – 1191$ today
Gold price trend conclusion : Gold trend looking flat to negative for now
Silver price trend
Silver price trending weaker since yesterday only it did not showed any spike like gold and most of the time prices are under 15$ only , currently its trading at 14.80$ , once market break 14.50$ and sustain below this intraday silver support then expect silver to correct upto 14.32$ – 14.05$ today
If silver click our technical resistance at 15.16$ and sustain above our intraday resistance then expect silver to test upto 15.40$ – 15.66$ today
Silver price trend conclusion : Silver trend looking weak for now
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