Silver price forecast update 28-03-2024
2024-03-28 10:19AM UTC

Silver Price Analysis

  1. Silver price faces expected negative pressure to test the key support 24.30$, while we still monitoring the price and waiting to get clearer signal for the next trend, through breaking the mentioned support or breaching 24.85$ resistance, to keep our neutrality valid until now.
  2. We remind you that breaking the support will push the price to achieve additional bearish correction that its next targets reach 23.85$ followed by 23.40$, while breaching the resistance will lead the price to resume the main bullish trend and target 25.50$ areas initially.

Expected Trading Range

  • Support: 24.10$
  • Resistance: 25.00$
Trend forecast: Neutral

Commodities News

Gold News


Gold surpasses $2400 for first time ever
2024-04-16 20:03PM UTC
Gold prices rallied on Tuesday and scaled fresh record highs on strong haven demand, as global ...
Oil News


Oil prices hover near two-week lows as markets expect little response from Israel to Iran's attacks
2024-04-16 13:17PM UTC
Global oil prices fell in American trade on Tuesday, approaching two-week lows as the US now ...
Gold News


Will gold prices scale $3000 an ounce in 2024?
2024-04-16 11:59AM UTC
Gold prices continued to move in a positive zone and approached the record highs scaled last week ...

Commodities Technical Analysis

Brent oil Analysis


Brent oil price forecast update 16-04-2024
2024-04-16 09:52AM UTC
Brent Oil Price Forecast Brent oil price finds solid resistance at 90.90$, to show negative ...
Oil Analysis


Crude oil price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Crude Oil Price Forecast Crude oil price trades negatively to press on 85.45$ support line, ...
Silver Analysis


Silver price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Silver Price Forecast Silver price faces clear negative pressure now, to approach the key ...