Silver resumes rising – Analysis - 13-07-2017
Economies.com
2017-07-13 03:13AM UTC
Silver price provided clear positive trading yesterday to test 16.00 barrier, as it gets positive signals through stochastic, waiting for more rise to test 16.56 level that represents our first main target.
Therefore, we are waiting for more rise in the upcoming sessions conditioned by holding above 15.49 level, as breaking this level will push the price to decline again and head to visit 14.60 followed by 13.75 levels on the short term basis.
Expected trading range for today is between 15.70 support and 16.20 resistance.
Expected trend for today: Bullish
Commodities 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
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...