Midday update for Silver 22-09-2017
Economies.com
2017-09-22 10:41AM UTC
Silver price shows sideways and tight trading since morning, settling around 17.00, to keep the bearish trend scenario valid as it is without any change for today, which depends on holding below 17.43 level, targeting visiting 16.56 level mainly.
Breaking the targeted level will push the price towards 15.49 as a next main station, while breaching 17.43 will lead the price to return to the main bullish trend that its positive targets begin at 18.30.
Expected trading range for today is between 16.80 support and 17.15 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
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 ...
Commodities Technical 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 ...
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 ...
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 ...