Silver price gathers the positive momentum – Analysis - 19-02-2019
Economies.com
2019-02-19 05:03AM UTC
Silver price settles around the bullish trend line that appears on the chart, noticing that stochastic gains the positive momentum clearly and approaches the oversold areas, waiting to motivate the price to resume the expected correctional bullish wave for the upcoming period, which targets 16.00 level mainly.
Therefore, we suggest the continuation of the bullish trend domination for today conditioned by the price stability above 15.62.
The expected trading range for today is between 15.60 support and 16.00 resistance.
The expected trend for today: Bullish
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
Brent oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price keeps its stability above ...
Commodities
Crude oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades positively to approach ...
Commodities
Silver price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Silver Price Analysis Expected Scenario Silver price shows positive trades to hint the ...