gold forecast
xau/usd ( gold ) price trading flat at 1171$ , if gold price click our support of 1160$ and manage to sustain below our trading support then expect gold to correct upto 1150$ – 1140$ today .
If gold price click our resistance of 1182$ and manage to sustain above our daily technical resistance then expect gold to fire upto 1191$ – 1200$ today .
Gold forecast conclusion : Gold looking flat for now
More will update to our subscribers
xauusd forecast
xau/usd ( gold ) trading higher today at 1172$ after fed minutes last night , now if gold price click our support of 1162$ and manage to sustain below our daily technical support then expect gold to correct upto 1154$ – 1147$ today .
If gold price click our daily resistance of 1180$ and manage to sustain above our daily resistance then expect gold to fire upto 1191$ – 1200$
xau/usd forecast conclusion : Trend is positive for now but small profit booking now ruled out
More will update to our subscribers
silver forecast
xag/usd ( silver ) price trading 15.58$ , if silver price click our support of 15.30$ and manage to sustain below our daily support then expect silver to correct upto 15.05$ – 14.80$ .
If silver price click our resistance of 15.91$ and manage to sustain above our daily resistance then expect silver to test upto 16.20$ – 16.50$ today .
Silver forecast conclusion : No major trend in silver so just follow levels
More will update to our subscribers
gold forecast
xau/usd ( gold ) price trading in same old narrow range at 1154$ , if gold price click our support of 1147$ and manage to sustain below our daily support then expect gold to correct upto 1138$ – 1127$ today .
If gold price click our resistance of 1172$ and manage to sustain above our daily technical resistance then expect gold to race upto 1181$ – 1192$ today .
Gold forecast conclusion : No major trend in gold it stuck in narrow range
More will update to our subscribers
silver technical chart weekly
Click on chart to view full image .
Last week silver price made base and took support near 15.25$ range , so if silver price click this support range 15.25-20$ and manage to close below these levels then expect silver to crack upto 14.50$ – 13.80$ .
If silver price click weekly resistance of 16.20$ and manage to close above this weekly resistance then expect silver to race upto 16.90$ – 17.50$ .
Silver weekly trend update : Silver trend is weak
More will update in silver daily commentary
gold technical weekly chart
Last week gold price did’nt move anywhere but it concreted its bears base by taking a good support at 1148$ , if gold price click this base and manage to close below 1148$ -40$ range then expect gold price to crash upto 1120$ – 1100$ and even more crash not ruled out in gold .
Gold 9th march 1175$ is major resistance in gold prices so once gold click 1175-80$ range and manage to close above this weekly resistance then expect gold to race upto 1200$ – 1231$ .
Click on chart to view full image .
Weekly gold trend conclusion : Gold trend is weak but a close below last week’s support required for further correction .
More will update in daily gold forecast
xagusd trading forecast
xagusd ( silver ) trading 15.84$ , if silver price click our technical support of 15.50$ and manage to sustain below our daily support then expect silver to correct upto 15.20$ – 14.90$ .
If silver price click our resistance of 16.05$ and manage to sustain above our daily technical resistance then expect silver to fire upto 16.30$ – 16.55$ .
xagusd trading forecast conclusion : Silver looking weak for now
More will update to our subscribers
xauusd technical forecast
xauusd ( gold ) price trading slightly green after a massive fall last friday , now gold price trading at 1172$ , if gold price click our support of 1160$ and manage to sustain below our daily support then expect gold to retrace back to 1148$ – 1137$ .
If gold price click our resistance of 1186$ and manage to sustain above our daily resistance then expect gold to fire upto 1199$ – 1209$ .
xauusd forecast conclusion : Gold looking weak but a small relief rally not ruled out
More will update to our subscribers
silver forecast today
Silver spot price trading 16.35$ , if silver price click our support of 16$ and manage to sustain beneath our daily support then expect silver to correct upto 15.80$ – 15.50$ .
If silver spot price click our resistance of 16.55$ and manage to sustain above our daily resistance then expect silver to fire upto 16.80$ – 17$ .
Silver forecast conclusion : No major trend in silver today so just follow resistance and support provided in forecast
More will update to our subscribers
gold daily technical forecast
XAUUSD ( Gold ) price trading 1208$ , if gold price click our support of 1199$ and manage to sustain below our daily support then expect gold to correct upto 1191$ – 1182$ .
If gold price click our resistance of 1218$ and manage to sustain above our daily resistance then expect gold to fire upto 1228$ – 1241$ .
Gold technical forecast conclusion : No major trend in gold today so just follow support and resistance .
More will update to our subscribers