Gold trend

Gold prices trading in same range since 2-3 days and now its roaming at 1085$ , if gold click our resistance at 1098$ and sustain above our today resistance then expect gold to fire upto 1104$ – 1111$

If gold price click our support at 1075$ and manage to sustain below our technical support today then expect gold prices to correct upto 1066$ – 1054$

Gold trend conclusion : Market trend is flat , no major movement despite major data like US GDP so just follow levels only

Silver trend

Silver prices trading in same range at 14.67$ since yesterday its traded in only 10-12 cents and did not gave any breakout , now if silver click our technical support today at 14.45$ and sustain below our support then expect silver to correct upto 14.20$ – 14$

If silver price click our resistance at 15$ and sustain above our daily resistance then expect silver prices to zoom upto 15.22$ – 15.55$ today

Silver trend conclusion : Market trend is flat for now. So just follow technical levels.

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By marafat