Silver price gets a negative signal – Analysis - 11-12-2019

Economies.com
2019-12-11 05:41AM UTC

Silver price keeps fluctuating in tight track, and its is under a continuous negative pressure that comes from the EMA50, while stochastic shows a negative signal now, therefore, we believe that the chaces are available for trading negatively in the upcoming sessions, waiting for visiting 16.33 level as a next main target, reminding you that holding below 16.96 is important for the continuation of expected decline.

 

The expected trading range for today is between 16.33 support and 16.75 resistance.

 

The expected trend for today: Bearish

 

Commodities News

Oil 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 ...
Oil News

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 ...
Oil News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...