Midday update for Silver 02-11-2020

Economies.com
2020-11-02 10:32AM UTC

Silver price tests 24.00 level, and as we mentioned this morning, the price needs clearer signal for the next trend, which we will get through breaching the mentioned resistance or 23.60 support to detect its next targets clearly.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 23.00 support and 24.80 resistance.

 

The expected trend for today: Neutral

Commodities News

Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Gold News

Commodities

Gold moves in a positive zone ahead of US inflation data
2024-05-15 09:19AM UTC
Gold prices rose in European trade on Wednesday, extending gains for the second straight day and ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Crude oil price attempted to break 77.64$ level but it returned to consolidate above it, to head ...
Gold Analysis

Commodities

End of day gold price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Gold price continues to rise to surpass 2380.00$ and approach the first waited positive target at ...
Brent oil Analysis

Commodities

Brent oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price settles within a tight range ...