Midday update for Silver 29-01-2021
Economies.com
2021-01-29 12:06PM UTC
Silver price resumed its strong bullish rally to reach the thresholds of the first waited target at 27.60, reinforcing the chances of continuing the bullish trend on the intraday and short term basis, and we believe that the way is open to head towards 29.80 as a next positive target.
Therefore, the bullish trend will remain suggested for the upcoming period unless breaking 25.50 and holding below it.
The expected trading range for today is between 26.50 support and 28.00 resistance.
The expected trend for today: Bullish
Commodities 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
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 ...
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 ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...