Silver surpasses the first barrier 27/02/2013
Economies.com
2013-02-27 05:19AM UTC
Silver price surpassed the initial retest level at 29.20 to be stuck between it and the broken main support which turns into resistance now at 29.55, while Stochastic shows a bullish trend which makes it loses the bullish momentum gradually.
In general, holding below 29.55 will keep the overall bearish trend valid and active, where breaching above this level will turn the price back to the previously broken main bullish track.
Expected trading range for today is between: 28.00 support and 30.00 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities
Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...