Midday update for Silver 17-08-2022

Economies.com
2022-08-17 09:58AM UTC

Silver price faces clear negative pressure now to attack 20.00 level, which urges caution from the upcoming trading, as confirming breaking this level will stop the recently suggested positive scenario and press on the price to turn to decline, to head towards achieving negative targets that start at 19.55 and extend to 19.00.

 

The expected trading range for today is between 19.70 support and 20.60 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Gold News

Commodities

Gold driven lower by dollar's strength
2024-05-07 19:25PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, amid ongoing uncertainty ...
Brent Oil News

Commodities

Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Oil Analysis

Commodities

Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Silver Analysis

Commodities

Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...