Silver price attempts to breach - Analysis - 23-02-2022

Economies.com
2022-02-23 05:17AM UTC

Silver price continues to fluctuate around 24.20 level and finds solid resistance there, waiting to breach this level to confirm the continuation of the bullish wave that its next target located at 24.85.

 

Therefore, our bullish overview will remain valid and active, depending on the move inside the bullish channel that appears on the chart, noting that holding above 24.00 is important to continue the expected rise.

 

The expected trading range for today is between 24.00 support and 24.60 resistance.

 

The expected trend for today: Bullish

Commodities News

Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Gold News

Commodities

Gold moves in a positive zone ahead of US inflation data
2024-05-15 09:19AM UTC
Gold prices rose in European trade on Wednesday, extending gains for the second straight day and ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price settles within a tight range ...
Oil Analysis

Commodities

Crude oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates within a tight ...
Silver Analysis

Commodities

Silver price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Silver Price Analysis Expected Scenario Silver price continues to rise to achieve our ...