Silver price approaches the target – Analysis - 28-12-2020
Economies.com
2020-12-28 06:56AM UTC
Silver price rallied upwards strongly by today’s open to reach few pips away from our waited target at 26.88, to keep the bullish trend scenario valid and active on the intraday and short term basis, waiting to breach the mentioned level to open the way to achieve extended gains that reach 27.65.
The EMA50 continues to support the suggested bullish wave, which will remain valid and active unless breaking 25.06 and holding below it.
The expected trading range for today is between 25.60 support and 27.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...