Midday update for Silver 02-10-2019

Economies.com
2019-10-02 09:31AM UTC

Silver price shows sideways trading since morning and settles near 17.25, as long as the price is below 17.26, so our bearish trend expectations will remain active for today, pointing that stochastic begins to overlap negatively to move the price to decline, pointing that our targets begin by breaking 16.96 to confirm heading to 16.33 as a next main target.

 

The expected trading range for today is between 16.80 support and 17.60 resistance.

 

The expected trend for today: Bearish

 

Commodities News

Gold 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 ...
Gold News

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 ...
Oil News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...