Silver forecast
Silver ( xagusd ) price roaring above 19$ . Yesterday it fired with full power and it tested 19.40$ zone today . Currently prices are trading at 19.20$ . A good resistance on intraday silver chart stands at 19.52$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test more upper levels upto 19.75$ – 19.98$ today .
A good support on intraday silver chart stands at 18.98$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 18.75$ – 18.50$ today .
Silver forecast conclusion : Xagusd trend is positive for now . Avoid any major selling . It could fly higher .
Gold forecast
Gold ( xauusd ) price trading at 1333$ . Its following lead by xagusd and testing higher levels due to that . A good resistance on intraday gold chart stands at 1342$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this precious metal to test upto 1351$ – 1360$ today .
A good support on intraday gold chart stands at 1320$ . If traders break this major support level and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1309$ – 1300$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .