Silver awaits the negative motive – Analysis - 06-12-2018

Economies.com
2018-12-06 05:12AM UTC

Silver price provided sideways and tight trading yesterday and continued to fluctuate around 14.45, thus, the bearish trend scenario will remain valid as it is without any change for the upcoming period, depending on the price stability below 14.73, and the price needs to break 14.35 to ease the mission of heading towards our first negative target at 13.93.

 

Expected trading range for today is between 14.25 support and 14.60 resistance.

 

Expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding ...
Oil Analysis

Commodities

Crude oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key ...
Silver Analysis

Commodities

Silver price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Silver Price Analysis Key Points: Silver price is currently trading positively, influenced ...