Silver price under the bearish pattern’s effect – Analysis - 14-10-2019

Economies.com
2019-10-14 09:51AM UTC

Silver price keeps flcutauting near 17.60 level and it remains below it, keeping the bearish trend scenario valid and active for today, supported by stochastic approach from the overbought levels, waiting for heading to 16.96 as a next main station, reminding you that holding below 17.60 is important for the continuation of the expected decline.

 

The expected trading range for today is between 17.30 support and 17.70 resistance.

 

The expected trend for today: Bearish

 

 

Commodities News

Gold News

Commodities

Gold driven lower by dollar's strength
2024-05-07 19:25PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, amid ongoing uncertainty ...
Brent Oil News

Commodities

Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
Gold News

Commodities

Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 07-05-2024
2024-05-07 18:09PM UTC
Crude oil price traded with clear negativity to reach few pips away from our waited target at ...
Coffee Analysis

Commodities

Coffee price collapses – Forecast today – 7-5-2024
2024-05-07 05:38AM UTC
Expected Scenarios and Trading Range Scenario 1: Strong Negative Pressure Coffee price fails ...
Natural gas Analysis

Commodities

Natural gas price needs to confirm the breach – Forecast today – 7-5-2024
2024-05-07 05:37AM UTC
Expected Scenarios and Trading Range Scenario 1: Attempted Breakout Natural gas price ...