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

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 ...
Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...

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 ...