Silver forecast
Silver ( xagusd ) price trading today at 18.88$ today . It made low of 18.77$ last night and we booked profit on our intraday signal at 18.78$ . Currently silver price has a good resistance at 19.08$ . If traders break this major resistance and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.30$ – 19.53$ today .
A good support on intraday silver chart stands at 18.65$ . If traders break this major support and manage to sustain trade beneath our support . Then expect this major commodity to test upto 18.41$ – 18.20$ today .
Silver forecast conclusion : Xagusd trend is weak for now .
Gold forecast
Gold ( xauusd ) price trading at 1337$ . Its trading in a small range since ages now . Its not moving at all and it stucked there in a corner . A good hurdle on daily gold chart stands at 1345$ . If traders break this major hurdle and manage to sustain trade above 1345$ . Then expect some green in this precious metal upto 1352$ – 1360$ today .
A good base level on daily gold chart stands at 1325$ . If traders break this major base and manage to sustain trade beneath our level . Then expect this precious metal to melt upto 1318$ – 1309$ today .
Gold forecast conclusion : Xauusd trend is flat for now .
More will update to our trading signal subscribers .