Midday update for Silver 16-08-2018
Economies.com
2018-08-16 09:29AM UTC
Silver price shows clear positive trades to approach testing the bearish channel’s resistance that appears on the chart, and as long as the price is below 14.80, our bearish overview will remain active for today, supported by the negative pressure formed by the EMA50, waiting to rebound bearishly to target 14.15 followed by 13.75 as next main stations.
Expected trading range for today is between 14.15 support and 14.65 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 23-04-2024
2024-04-23 18:24PM UTC
Crude oil price rallies upwards to reach our waited target at 83.90$, and the way seems open to ...
Commodities
End of day gold price forecast update - 23-04-2024
2024-04-23 18:24PM UTC
Gold price trades with clear positivity to attack 2325.90$ level and attempts to breach it, which ...
Commodities
Brent oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Brent oil price attempted to breach 87.67$ level but it returns to hold below it, to keep the ...