Silver hits the waited targets 26/11/2012

Economies.com
2012-11-26 05:49AM UTC

The price achieved 34.00 on last Friday, and stopped temporarily the bullishness there to make some potential bearish correction.

 

In general, 33.20 is considered a good support base that reinforces our anticipations of continuing the bullish trend which targets now 35.50 followed by 36.00, noting that breaching 33.20 then 32.55 will decrease the chances of achieving these expectations.

 

Expected trading range for this week is between: 32.65 support and 36.00 resistance.

 

Expected trend for this week: Bullish

Commodities News

Gold News

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 ...
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, ...

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 ...