Midday update for Silver 12-11-2019

Economies.com
2019-11-12 10:32AM UTC

Silver price shows  slight bearish trading in attempt to move away from 16.96 level, noticing that stochastic begins to overlap negatively on the four hours time frame, waiting for more of the downside moves for the rest of the day to visit 16.33 level mainly, reminding you that holding below 16.96 is important for the continuation of the expected decline.

 

The expected trading range for today is between 16.50 support and 17.00 resistance.

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Oil News

Commodities

Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
Gold News

Commodities

Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 23-04-2024
2024-04-23 18:24PM UTC
Crude oil price rallies upwards to reach our waited target at 83.90$, and the way seems open to ...
Gold Analysis

Commodities

End of day gold price forecast update - 23-04-2024
2024-04-23 18:24PM UTC
Gold price trades with clear positivity to attack 2325.90$ level and attempts to breach it, which ...
Brent oil Analysis

Commodities

Brent oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Brent oil price attempted to breach 87.67$ level but it returns to hold below it, to keep the ...