Silver price hits the target – Analysis - 03-01-2019
Economies.com
2019-01-03 05:25AM UTC
Silver price succeeded to reach our waited target at 15.65 and settles near it, noticing that Stochastic continues to provide the positive signals, while the EMA50 keeps carrying the price from below.
Therefore, these factors support the chances of breaching the mentioned level and extend the correctional bullish wave to reach 16.00, waiting for more rise in the upcoming sessions unless breaking 15.22 level and holding below it.
Expected trading range for today is between 15.40 support and 15.80 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding ...
Commodities
Crude oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key ...
Commodities
Silver price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Silver Price Analysis Key Points: Silver price is currently trading positively, influenced ...