Silver forecast
Silver ( xagusd ) price trading at 19.02$ . It tested 19.80$ 18.80$ yesterday . But today it opened higher and trading above 19$ . A good support on intraday chart stands at 18.70$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.47$ 18.47$ – 19.25$ 18.25$ today .
A good resistance on intraday silver chart stands at 19.26$ . If traders break this major resistance and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.52$ – 19.78$ today .
Silver forecast conclusion : Xagusd trend is flat to positive for now .
Gold forecast
Gold ( xauusd ) price tested 1331$ yesterday but bounced back after that and currently prices are trading at 1339$ . Nearest hurdle on intraday gold chart stands at 1342$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect this precious metal to test upto 1350$ – 1357$ today .
A good base level on intraday gold chart stands at 1325$ . If traders break this major base and manage to sustain trade beneath our base . Then expect this precious metal to test upto 1318$ – 1309$ today .
Gold forecast conclusion : Xauusd trend is flat for now .
More will update to our trading signal subscribers .