Midday update for Silver 08-10-2018

Economies.com
2018-10-08 09:38AM UTC

Silver price begins to test the key support 14.40 now, which breaking it represents the key to rally towards our next target at 13.96.

 

In general, the bearish bias will remain dominant for today as long as the price is stable below 14.73, supported by stochastic and the EMA50 negativity.

 

Expected trading range for today is between 14.20 support and 14.65 resistance.

 

Expected trend for today: Bearish

Commodities News

Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

No new for natural gas price – Forecast today – 26-4-2024
2024-04-26 06:51AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price returned to form weak ...
Platinum Analysis

Commodities

Platinum price confirms the positivity – Forecast today – 26-4-2024
2024-04-26 06:43AM UTC
Platinum Price Analysis Expected Scenario Platinum price succeeded to hold above the key ...
Copper Analysis

Commodities

Copper price surpasses the first target – Forecast today – 26-4-2024
2024-04-26 06:42AM UTC
Copper price returned to form bullish waves, taking advantage of the main stability within the ...