Silver forecast
Silver ( xagusd ) price trading at 19.39$ . It has fired last friday and tested major positive zone . For today silver has a good resistance at 19.55$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect this major commodity to test upto 19.80$ – 20.05$ today .
A good support on intraday silver chart stands at 19.20$ . If traders break this major support and manage to sustain trade beneath this base level . Then expect this major commodity to test upto 19$ – 18.80$ today .
Silver forecast conclusion : Xagusd trend is positive for now .
Gold forecast
Gold ( xauusd ) price trading at 1326$ . It also fired last friday from odd 1300$ till 1325$ . A good resistance on gold chart stands at 1333$ . If traders break this major hurdle and manage to sustain trade above our hurdle today . Then expect this precious metals to support buyers upto 1340$ – 1347$ today .
A good base level on daily gold chart stands at 1317$ . If traders break this major support and manage to sustain trade beneath our base level . Then expect this precious metal to test upto 1308$ – 1300$ today .
Gold forecast conclusion : Xauusd trend is positive for now .
More will update to our trading signal subscribers .