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Silver price forecast update 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

Silver price shows tight trades since morning, which keeps the bullish trend scenario valid as it is without any change for today, which its next target located at 31.63$, reminding you that it is important to hold above 30.63$ to guarantee the continuation of the expected rise.

 

The expected trading range for today is between 30.65$ support and 31.50$ resistance.

 

Trend forecast: Bullish

Gold price forecast update 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

Gold price continue to provide weak trades, to keep our negative overview valid as is for today, which requires holding below 2665.00$, while our first main target is located at 2600.00$.

 

The expected trading range for today is between 2620.00$ support and 2660.00$ resistance.

 

Trend forecast: Bearish

The GBPUSD forecast update 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

The GBPUSD price fluctuates around the bearish channel’s resistance line, waiting to get negative motive that push the price to break 1.2635$ and activate the negative effect of the double top pattern followed by rallying towards our first negative target at 1.2566$.

 

Therefore, we will continue to suggest the bearish trend for today unless breaching 1.2735$ and holding above it.

 

The expected trading range for today is between 1.2570$ support and 1.2710$ resistance

 

Trend forecast: Bearish

The EURUSD price forecast update - 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

The EURUSD price shows sideways and weak trades since morning, settling around the EMA50, thus, no change to the expected bearish trend for today, which depends on the price stability below 1.0563$, reminding you that we are waiting to break 1.0475$ to confirm opening the way to head towards 1.0400$ as a next negative station.

 

The expected trading range for today is between 1.0400$ support and 1.0550$ resistance

 

Trend forecast: Bullish

Frequently asked questions

What is the price of Silver today?

The price of Silver is $37.973 (2025-07-16 08:05AM UTC)