Silver price leans on the channel’s support line - Analysis - 14-01-2022

Economies.com
2022-01-14 04:55AM UTC

Silver price resumes its positive trades after testing the intraday bullish channel’s support line, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to provide more bullish bias in the upcoming sessions, reminding you that our targets begin by surpassing 23.40 to confirm rallying towards 24.20 as a next station.

 

Holding above 22.90 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards 22.00 areas initially.

 

The expected trading range for today is between 22.85 support and 23.70 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold 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, ...
Palladium News

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 ...
Oil News

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

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...