Silver price below the moving average – Analysis - 23-04-2019
Economies.com
2019-04-23 04:12AM UTC
Silver price tests the bearish channel’s resistance and keeps its stability below it, which keeps the bearish trend scenario active in the upcoming sessions, supported by the EMA50, waiting to visit 14.73 level mainly.
Holding below 15.22 represents key condition to continue the expected decline, while breaking 14.73 will extend the bearish wave to reach 14.50 followed by 13.93 areas on the short term basis.
The expected trading range for today is between 14.73 support and 15.15 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical 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 ...
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 ...
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 ...