Gold forecast
Gold price trading lower today at 1084$ yesterday it fired from 1090$ to 1106$ we updated our technical resistance at 1109$ and it could not click this and retraced back from there sharply , now if gold rates click our technical support at 1176$ and sustain below our major base support today then expect gold prices to correct upto 1068$ – 1059$ today
If gold price click our resistance of 1096$ and sustain above our major technical resistance today then expect gold rates to fire upto 1105$ – 1116$ today
Gold forecast conclusion : Gold future trend is weak today
Silver forecast
Silver prices trading at 14.64$ it fired yesterday at 14.98$ and retraced back sharply from there , our resistance was 15.05$ , now again a good technical resistance in silver rates at 15.05$ if it click and market sustain above this then expect a breather for silver buyers upto 15.30$ – 15.55$ today
if silver breaks our major support of 14.45$ and sustain below our major technical support then expect silver price to correct upto 14.20$ – 14$ today
Silver forecast conclusion : Silver trend is weak today
More will update to our subscribers