Silver loses momentum – Analysis - 11-06-2018
Economies.com
2018-06-11 00:48AM UTC
Silver price settles near 16.80 resistance, and the price still inside the sideways range that appears on the chart, and we might witness some decline in the upcoming sessions affected by stochastic loss to the bullish momentum.
Therefore, we will continue to suggest the sideways move until the price manages to surpass one of the mentioned range’s lines represented by 16.15 support and 16.80 resistance to detect the next short term targets clearly.
Expected trading range for today is between 16.45 support and 16.90 resistance.
Expected trend for today: Sideways
Commodities News
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...