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Midday update for Silver 30-11-2023

Economies.com
2023-11-30 09:19AM UTC

Silver price hovers around 25.00 level, and didn’t show any strong move since morning, thus, no change to the expected bullish trend for today, which depends on the price stability above 24.60, while its next target located at 25.50, noting that stochastic gains the positive momentum gradually to support the expectations to rise in the upcoming sessions.

 

The expected trading range for today is between 24.70 support and 25.50 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 30-11-2023

Economies.com
2023-11-30 09:19AM UTC

Gold price shows sideways trades since morning, affected by stochastic negativity to fluctuate with slight negativity, waiting to resume the expected bullish wave on the intraday and short-term basis, which its next target located at 2075.25, noting that the continuation of the decline and breaking 2037.00 will stop the expected rise and force the price to suffer intraday losses that reach 2020.00 initially.

 

The expected trading range for today is between 2030.00 support and 2065.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 30-11-2023

Economies.com
2023-11-30 09:19AM UTC

The GBPUSD pair trades with clear negativity to start pressing on 1.2665 level and head towards potential turn to decline, and we expect the continuation of the bearish bias to visit 1.2590 as a next main negative target.

 

Therefore, the bearish trend will be expected for the rest of the day, taking into consideration that breaching 1.2720 will stop the current negative pressure and lead the price to resume the main bullish trend again.

 

The expected trading range for today is between 1.2600 support and 1.2720 resistance.

 

The expected trend for today: Bearish for the rest of the day

Midday update for the EURUSD 30-11-2023

Economies.com
2023-11-30 09:19AM UTC

The EURUSD pair faces strong negative pressure to break 1.0960 and attack the bullish channel’s support line, to hint heading to decline for the rest of the day, on its way to visit 1.0860 as a next negative target.

 

Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 1.0960 and holding above it again, noting that breaking 1.0860 will put the price under more negative pressure and head towards 1.0760 areas mainly.

 

The expected trading range for today is between 1.0860 support and 1.1000 resistance.

 

The expected trend for today: Bearish for the rest of the day

Frequently asked questions

What is the price of Silver today?

The price of Silver is $37.061 (2025-07-04 23:55PM UTC)