Silver price crawls downwards - Analysis - 27-04-2022
Economies.com
2022-04-27 01:26AM UTC
Silver price continues to decline gradually to approach our waited negative target at 23.15, and we expect the continuation of the negative pressure to break this level and open the way to head towards 22.00 followed by 21.40 levels as next negative stations.
In general, the negative scenario will remain dominant in the upcoming sessions unless breaching 24.20 and hold above it.
The expected trading range for today is between 23.00 support and 23.80 resistance.
The expected trend for today: Bearish
Commodities News
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
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Natural gas price needs new momentum – Forecast today – 25-4-2024
2024-04-25 05:47AM UTC
Natural Gas Price Analysis Natural gas price postponed the bullish attack and formed temporary ...
Commodities
Gold price within tight range – Forecast today - 25-04-2024
2024-04-25 05:46AM UTC
Gold Price Analysis Gold price fluctuates within tight range since yesterday, hovering around ...
Commodities
Platinum price holds above the support – Forecast today – 25-4-2024
2024-04-25 05:39AM UTC
Platinum Price Analysis Despite platinum price facing strong negative pressures recently, caused ...