Silver price begins positively - Analysis - 17-03-2023
2023-03-17 04:17AM UTC

Silver price begins today with clear bullish bias to approach our first waited target at 22.13, getting positive signals through stochastic and the EMA50, which reinforces the chances of surpassing this level and rally towards our next target at 23.05.


Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that breaking 21.40 will stop the expected rise and press on the price to achieve additional bearish correction on the intraday basis.


The expected trading range for today is between 21.50 support and 22.40 resistance.

The expected trend for today: Bullish

Commodities News

Oil News


Oil extends gains, US crude clocks in 4.5%% weekly profit
2024-03-01 22:08PM UTC
Oil prices advanced on Friday as investors await OPEC+ decisions on supplies, expected to extend ...
Oil News


Oil prices scale 4-month high on speculation about OPEC+ cuts
2024-03-01 13:32PM UTC
Global oil prices rose in European trade on Friday on track for the second straight session, with ...
Silver News


Silver on track for seconc weekly loss in a row
2024-03-01 09:41AM UTC
Silver prices fell in European trade on Friday, resuming losses and approaching two-week lows, ...

Commodities Technical Analysis

Oil Analysis


Evening update for Crude oil price 01-03-2024
2024-03-01 17:10PM UTC
Crude oil price traded with strong positivity to surpass our first waited target at 80.00 and open ...
Gold Analysis


Evening update for Gold 01-03-2024
2024-03-01 17:10PM UTC
Gold price rallied upwards strongly to surpass our first target at 2065.70 and confirm opening the ...
Brent oil Analysis


Midday update for Brent oil 01-03-2024
2024-03-01 10:40AM UTC
Brent oil price shows positive trades now to test the sideways range’s resistance line that ...