Monday, May 20

Commodity Trading:Gold Silver and Crude Weekly Price Forecast

As discussed in US Dollar at 3-Year High, Whats next With the strong USD Silver and gold will be under pressure.Silver brokes its 2013 low today morning and Gold is heading towards its 2013 low of 1321, Currently trading at 1346$. Lets discuss the weekly price forecast of gold, silver and crude.


Gold Weekly Chart

goldweekly
As per Weekly charts gold is trading around its 200 WSMA@1445, unable to close above it gold will break its 2013 low of 1321 and head for 1250.

Gold Trend Deciding Level:


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