Midday update for Silver 13-09-2017

Economies.com
2017-09-13 10:22AM UTC

Silver price shows some slight bullish bias that hints the attempt to resume the main bullish trend, supported by stochastic approach from the oversold areas, to keep the bullish trend scenario valid and active for today, waiting to breach 18.30 level to confirm extending the bullish wave towards 19.38.

 

The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 17.43.

 

Expected trading range for today is between 17.75 support and 18.00 resistance.

 

Expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Oil News

Commodities

Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...
Oil Analysis

Commodities

Crude oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, ...
Silver Analysis

Commodities

Silver price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Silver Trading Report Silver price continues to decline to move below the neckline of the double ...