Midday update for Silver 31-03-2020

Economies.com
2020-03-31 10:38AM UTC

Silver price resumes its negative trades after testing 14.17 level this morning, which keeps our bearish overview valid for today, supported by stochastic and the EMA50 negativity, waiting to head towards 13.05 mainly, noting that breaching 14.17 and holding above it will stop the expected decline and pushes the price to visit 15.08 as a next positive target.

 

The expected trading range for today is between 13.50 support and 14.30 resistance.

 

The expected trend for today: Bearish

Commodities News

Gold News

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 ...
Oil News

Commodities

Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Gold News

Commodities

Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Oil Analysis

Commodities

Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Silver Analysis

Commodities

Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...