End of day silver price forecast update - 22-04-2024

Economies.com
2024-04-22 16:11PM UTC

Silver price faces more negative pressure to reach the thresholds of the waited negative target at 26.90$, and the way seems open to surpass this level and extend the correctional bearish wave on the intraday basis, which urges caution from the upcoming trading, as breaking the mentioned level will push the price towards 26.00$ as a next correctional target, while holding above it will lead the price to recover and test 28.00$ initially.

Commodities News

Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Gold News

Commodities

Gold moves in a positive zone ahead of US inflation data
2024-05-15 09:19AM UTC
Gold prices rose in European trade on Wednesday, extending gains for the second straight day and ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Crude oil price attempted to break 77.64$ level but it returned to consolidate above it, to head ...
Brent oil Analysis

Commodities

Brent oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price settles within a tight range ...
Oil Analysis

Commodities

Crude oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates within a tight ...