Silver tests the support – Analysis - 21-02-2017
Economies.com
2017-02-21 05:23AM UTC
Silver price tests the bullish channel’s support now, pointing that the EMA50 keeps protecting the trading within this channel, which keeps the bullish trend active in the upcoming period, and its initial target located at 18.30.
You should be aware that breaking 17.90 level will push the price to test the most important support for the short term trading at 17.43 before any new attempt to rise.
Expected trading range for today is between 17.80 support and 18.30 resistance.
Expected trend for today: Bullish
Commodities News
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
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 Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...