Gold forecast
Comex Gold ( xauusd ) price trading higher today at 1211$ . It already crossed and sustaining above 1208$ as its flirting with 1212$ , which is a good sign for bulls . A good resistance on daily chart stands at 1219$ . If traders take this hurdle out and manage to sustain trade above our resistance today . Then expect gold price to test upto 1227$ – 1237$ today .
A good support on daily chart stands at 1204$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1197$ – 1190$ today .
Gold forecast conclusion : Comex Xauusd trend is positive for now .
Silver forecast
Comex Silver ( xagusd ) price trading at 16.93$ . A good hurdle on daily chart stands at 17.12$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect silver prices to test upto 17.35$ – 17.54$ today .
A good base level on daily chart stands at 16.70$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect silver price to test upto 16.50$ – 16.30$ today .
Silver forecast conclusion : Comex Xagusd trend is positive for now .
More will update to our trading signals subscribers .