Silver forecast
Silver ( xagusd ) price currently trading below 20$ . Thats a good sign for sellers . It did not give a spike nor shown any power to sustain above 20$ . A good support on silver intraday chart stands at 19.78$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this major commodity to test upto 19.55$ – 19.32$ today .
A good resistance on intraday silver chart stands at 20.22$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 20.45$ – 20.66$ today .
Silver forecast conclusion : Xagusd trend is flat to weak for now .
Gold forecast
Gold ( xauusd ) price trading at 1329$ today . Its trading lower since it opened this morning . A good support on intraday gold chart stands at 1322$ . If traders break this major support and manage to sustain trade beneath our support today . Then expect this precious metal to test upto 1317$ – 1309$ today .
A good resistance on intraday gold chart stands at 1338$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect some power to buyers upto 1347$ – 1358$ today .
Gold forecast conclusion : Xauusd trend is flat to weak for now .
More will update to our trading signal subscribers .