Silver forecast
Silver ( Xagusd ) price trading at 19.64$ today . Yesterday it fell from 19.80$ zone and tested 19.55$ . A good support on intraday silver chart stands at 19.45$ . If traders break this major support and manage to sustain trade beneath this level . Then expect xagusd to test upto 19.22$ – 19.01$ today .
A good resistance on our intraday silver chart stands at 19.86$ . If traders break this major resistance and manage to sustain trade above our resistance . Then expect this major commodity to test upto 20.05$ – 20.31$ today .
Silver forecast conclusion : Xagusd trend is flat to weak for now .
Gold forecast
Gold ( Xauusd ) price trading at 1348$ . Yesterday it did not broke any of the level which we updated on our yesterday’s forecast and traded in a small range . Today gold has a major base level at 1339$ . If traders break this major base and manage to sustain trade beneath 1339$ . Then expect bears to take charge once again upto 1331$ – 1324$ today .
A good hurdle on intraday gold chart stands at 1357$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1364$ – 1372$ today .
Gold forecast conclusion : Xauusd trend is flat to weak for now .
More will update to our trading signal subscribers .