Midday update for Silver 10-05-2019
Economies.com
2019-05-10 10:32AM UTC
Silver price settles near 14.73 level, and we still waiting to break this level to confirm extending the bearish wave towards 14.50 followed by 13.93 levels on the near term basis.
In general, we will continue to suggest the bearish trend conditioned by the price stability below 14.85 that represents the first protection factor of the negative scenario, noting that the EMA50 supports the expected bearish trend.
The expected trading range for today is between 14.50 support and 14.85 resistance.
The expected trend for today: Bearish
Commodities 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 ...
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
Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...
Commodities Technical 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 ...
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 ...
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 ...