Silver price at the resistance – Analysis - 22-08-2018
Economies.com
2018-08-22 04:39AM UTC
Silver price fluctuates near the bearish channel’s resistance, noticing that the EMA50 meets this resistance to add more strength to it, which supports the expectations of continuing the bearish trend in the upcoming period, targeting 14.15 followed by 13.75 levels as next main stations.
Note that breaching 14.90 will stop the expected decline and lead the price to test 15.50 areas before any new attempt to decline.
Expected trading range for today is between 14.50 support and 14.95 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Gold surpasses $2400 for first time ever
2024-04-16 20:03PM UTC
Gold prices rallied on Tuesday and scaled fresh record highs on strong haven demand, as global ...
Commodities
Oil prices hover near two-week lows as markets expect little response from Israel to Iran's attacks
2024-04-16 13:17PM UTC
Global oil prices fell in American trade on Tuesday, approaching two-week lows as the US now ...
Commodities
Will gold prices scale $3000 an ounce in 2024?
2024-04-16 11:59AM UTC
Gold prices continued to move in a positive zone and approached the record highs scaled last week ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 16-04-2024
2024-04-16 09:52AM UTC
Brent Oil Price Forecast Brent oil price finds solid resistance at 90.90$, to show negative ...
Commodities
Crude oil price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Crude Oil Price Forecast Crude oil price trades negatively to press on 85.45$ support line, ...
Commodities
Silver price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Silver Price Forecast Silver price faces clear negative pressure now, to approach the key ...