Silver gets the positive momentum – Analysis - 21-03-2017
Economies.com
2017-03-21 05:16AM UTC
Silver price shows slight negative trading to fluctuate around the EMA50 now, noticing that stochastic got rid of its negativity and reaches the oversold areas' thresholds, to support the chances of bouncing bullishly to resume the main bullish trend, waiting to breach 17.43 level to reinforce the chances of heading towards our next target at 18.30.
Therefore, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 16.90 and 16.56.
Expected trading range for today is between 17.20 support and 17.60 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Commodities
Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Commodities
Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows slight bearish bias now, ...
Commodities
Crude oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price provides additional negative ...
Commodities
Silver price forecast update 14-05-2024
2024-05-14 09:24AM UTC
Silver Price Analysis Expected Scenario Silver price shows slight positive trades and ...