Silver price within tight track – Analysis - 08-01-2021

Economies.com
2021-01-08 03:48AM UTC

Silver price continues to fluctuate within tight track, keeping its stability inside the bullish channel that appears on the chart, while the EMA50 continues to support the price from below.

 

Therefore, we will keep our bullish overview that depends on the price stability above 26.65, reminding you that our next target is located at 28.40.

 

The expected trading range for today is between 26.65 support and 28.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Copper News

Commodities

Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Brent Oil News

Commodities

Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
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 ...

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, ...