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 gives up two-week high following aggressive remarks
2024-05-13 10:00AM UTC
Gold prices fell in European trade on Monday for the first day in three away from two-week highs on ...
Palladium News

Commodities

Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Silver News

Commodities

Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Brent oil price Expected Scenario Brent oil price shows bullish bias now, affected by ...
Oil Analysis

Commodities

Crude oil price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Crude oil price Expected Scenario Crude oil price trades positively to head towards ...
Silver Analysis

Commodities

Silver price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Silver price Expected Scenario Silver price continues to fluctuate near 28.00$ level, ...