In the name of of Allah the Merciful
May God’s peace, mercy, and blessings be upon you ... May God grant you good morning
We provide you with daily technical analysis on precious metals And better Expectations on gold and silver for this day, as we offer free Forex recommendations for all followers and followers of Hinnawi FX site specialized in Forex analysis and currency market analysis daily, we offer the best free Forex recommendations and the strongest professional trading signals by God Almighty and with high accuracy and great professionalism.
gold
We expect a continuation of yesterday's trend, another downside for gold during today's trading, forming a trend or a declining trend line as we notice in the graph above, the presence of selling momentum, the drop provided that 1723.00 is not breached.
Resistors | 1722.00 | 1737.00 | 1750.00 |
Supports | 1664.00 | 1654.00 | 1630.00 |
Silver
We expect a bearish trend for silver during this day's trading, still under negative pressure. Momentum indicators also support further decline as we note on the MACD.
Resistors | 15.30 | 15.60 | 16.00 |
Supports | 14.70 | 14.50 | 14.00 |
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