Midday update for Silver 05-08-2022

Economies.com
2022-08-05 09:30AM UTC

Silver price tests the minor support 20.00, while the EMA50 continues to support the price from below, waiting to resume the bullish wave that targets 20.50 followed by 21.00 levels as next main stations, reminding you that the continuation of the bullish wave requires holding above 19.60.

 

The expected trading range for today is between 19.90 support and 20.80 resistance.

 

Open Live Trading Account

The expected trend for today: Bullish

Commodities News

Brent Oil News

Commodities

Brent backs off six-month peak as Iran-Israel war concerns subside
2024-04-15 13:18PM UTC
International benchmark Brent fell in European trade off six-month highs, trading below $90 a ...
Gold News

Commodities

Gold resumes gains near record highs
2024-04-15 10:03AM UTC
Gold prices rose in European trade on Monday, resuming gains after a hiatus on Friday and ...
Oil News

Commodities

Oil prices return higher on Middle East tensions
2024-04-12 12:44PM UTC
Global oil prices rose in European trade on Friday, resuming their advance and approaching ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price crawls negatively – Forecast today – 16-4-2024
2024-04-16 05:50AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price surrendered to the ...
Platinum Analysis

Commodities

Platinum price postpones the rise – Forecast today – 16-4-2024
2024-04-16 05:45AM UTC
Platinum Price Analysis Expected Scenario Platinum price repeated the negative closings ...
Copper Analysis

Commodities

Copper price awaits the additional momentum – Forecast today – 16-4-2024
2024-04-16 05:43AM UTC
Scenarios and Trading Range Expected Scenarios Copper price continued to provide intraday ...