Midday update for Silver 13-08-2019

Economies.com
2019-08-13 09:08AM UTC

Silver price managed to breach 17.30 level and settles above it now, which supports the continuation of our bullish overview efficiently for the rest of the day, targeting 18.45 level as a next main station, getting continuous positive support by the EMA50, while holding above 17.30 represents the first condition to continue the expected rise.

 

The expected trading range for today is between 17.10 support and 17.60 resistance.

 

The expected trend for today: Bullish

 

Commodities News

Gold News

Commodities

Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Gold 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 ...
Oil News

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 Technical Analysis

Technical Analysis

Commodities

Wheat price is recovering – Forecast today - 19-04-2024
2024-04-19 04:21AM UTC
Wheat Price Analysis Expected Scenario Wheat price opens today’s trading with ...
Technical Analysis

Commodities

Sugar price loses momentum – Forecast today - 19-04-2024
2024-04-19 04:21AM UTC
Sugar Price Analysis Expected Scenario Sugar price settles around 19.50$ level, noticing ...
Technical Analysis

Commodities

Soybean price continues to decline – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
Soybean Price Analysis Expected Scenario Soybean price shows more bearish bias to reach ...