Midday update for Silver 24-05-2022

Economies.com
2022-05-24 09:21AM UTC

Silver price resumes its positive trading now, motivated by stochastic positivity, waiting for more rise affected by the inverted head and shoulders’ pattern that appears on the chart, reminding you that our expected target reaches 22.67, while achieving it requires holding above 21.70.

 

The expected trading range for today is between 21.50 support and 22.30 resistance.

 

Open Live Trading Account

The expected trend for today: Bullish

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 ...