Silver price begins positively – Analysis - 15-03-2019

Economies.com
2019-03-15 04:54AM UTC

Silver price broke 15.22 level yesterday, but it begins today with bullish bias to move above the mentioned level again, which keeps the chances valid to continue the recently suggested bullish trend scenario, motivated by stochastic positivity that appears clearly now.

 

Therefore, we are waiting for more rise in the upcoming sessions, and breaching 15.30 will ease the mission of heading towards our main waited target at 15.62, while trading below 15.22 again will stop the expected rise and press on the price to decline towards 15.00 followed by 14.73 levels as next main stations.

 

The expected trading range for today is between 15.10 support and 15.50 resistance.

 

The expected trend for today: Bullish

Commodities News

Natural Gas 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 ...
Oil News

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 ...
Gold News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...