Silver price attempts positively – Analysis - 24-12-2020

Economies.com
2020-12-24 05:28AM UTC

Silver price continues to rise to approach 26.00 barrier, reinforcing the expectations of continuing the bullish trend, which targets 26.88 as a next station, noting that the bullish channel supports the chances of surpassing the mentioned level and open the way to achieve more gains on the intraday and short term basis.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 25.06 level and holding below it.

 

The expected trading range for today is between 25.06 support and 26.88 resistance.

 

The expected trend for today: Bullish

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

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...