Silver price attempts positively - Analysis - 23-09-2022

Economies.com
2022-09-23 04:05AM UTC

Silver price hovers around 19.60 level, noticing that stochastic loses its positive momentum gradually, while the price begins today with slight bearish bias, to hint the attempt to resume the recently suggested bearish wave.

 

Therefore, we will keep our bearish overview, waiting to visit 19.20 initially, taking into consideration that confirming breaching 19.60 will push the price to build new bullish wave that targets testing 20.00 areas as a first main station.

 

The expected trading range for today is between 19.20 support and 19.80 resistance.

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

No new for natural gas price – Forecast today – 26-4-2024
2024-04-26 06:51AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price returned to form weak ...
Platinum Analysis

Commodities

Platinum price confirms the positivity – Forecast today – 26-4-2024
2024-04-26 06:43AM UTC
Platinum Price Analysis Expected Scenario Platinum price succeeded to hold above the key ...
Copper Analysis

Commodities

Copper price surpasses the first target – Forecast today – 26-4-2024
2024-04-26 06:42AM UTC
Copper price returned to form bullish waves, taking advantage of the main stability within the ...