Gold price forecast

Gold ( Xauusd ) trading higher today at 1114$ gold got bulls in its favour when it crossed our major hurdle of 1104$ now our major hurdle become a major support in gold , once it break and manage to sustain below our technical support then expect gold to crack upto 1096$ – 1088$ today

Gold has good resistance at 1121$ once gold prices break this resistance and sustain above our technical resistance today then expect gold to fire upto 1129$ – 1137$

Gold forecast conclusion : Gold trend looking positive for now

Silver price forecast

Silver prices trading slightly lower than gold at 15.27$ , a good resistance in prices at 15.50$ once market cross this and sustain above this then expect silver bulls to take upto 15.80$ – 16.05$ today

If silver price click our technical support today at 14.99$ and sustain below our technical support then expect market to dip upto 14.80$ – 14.60$ today

Silver forecast conclusion : Silver trend is flat to negative today avoid major fresh buy

More will update to our subscribers

By marafat