Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Silver price forecast update 13-12-2024

Economies.com
2024-12-13 08:55AM UTC

Silver price fluctuates within tight range since morning, and as long as the price is below 31.63$, our bearish overview will remain valid for today, supported by moving below the EMA50, reminding you that our targets begin by breaking 30.63$ to open the way to head towards 29.63$ as a next main target.

 

The expected trading range for today is between 30.30$ support and 31.20$ resistance.

 

Trend forecast: Bearish

Gold price forecast update 13-12-2024

Economies.com
2024-12-13 08:55AM UTC

Gold price didn’t show any strong move since morning, thus, no change to the expected bullish trend scenario for today, motivated by the positive signal provided by stochastic now, waiting to visit 2745.00$ as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 2670.00$.

 

The expected trading range for today is between 2670.00$ support and 2710.00$ resistance.

 

Trend forecast: Bullish

The GBPUSD forecast update 13-12-2024

Economies.com
2024-12-13 08:55AM UTC

The GBPUSD price shows additional negative trades to reinforce the expectations of continuing the domination of the bearish trend for the rest of the day, and the way is open to achieve our waited target at 1.2566$, noting that breaking it will push the price towards 1.2500$ as a next negative station, while the expected decline will remain valid unless breaching 1.2735$ and holding above it.

 

The expected trading range for today is between 1.2575$ support and 1.2730$ resistance

 

Trend forecast: Bearish

The EURUSD price forecast update - 13-12-2024

Economies.com
2024-12-13 08:55AM UTC

The EURUSD price settles below 1.0475$ level, showing weak trades since morning, thus, no change to the expected bearish trend scenario for today, depending on the price stability below the mentioned level, reminding you that our targets begin at 1.0400$ and extend to 1.0332$ after breaking the previous level.

 

The expected trading range for today is between 1.0370$ support and 1.0510$ resistance

 

Trend forecast: Bearish