Silver price builds bullish track - Analysis - 22-12-2021
Economies.com
2021-12-22 05:36AM UTC
Silver price trades within bullish channel that carries the price from 21.40 areas, to reinforce the chances of continuing the bullish bias and head to test 23.15 level as a next main target.
Therefore, we will continue to suggest the bullish trend on the intraday basis supported by moving above the EMA50, noting that the continuation of the bullish wave requires holding above 22.20.
The expected trading range for today is between 22.20 support and 22.90 resistance.
The expected trend for today: Bullish
Commodities News
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
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 ...
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 ...
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 ...