Silver price forecast update 26-04-2024
Economies.com
2024-04-26 11:00AM UTC
Silver Price Analysis
Expected Scenario
- Silver price provides slight positive trades to gradually crawl towards the key resistance 28.00$.
- This level represents one of the next trend keys besides 26.90$ support.
- We continue with our neutrality until the price confirms surpassing one of these levels followed by detecting its next destination clearly.
Details of Targets and Support
- Breaking the resistance will push the price to build a bullish wave that targets begin at 28.80$ followed by 29.80$.
- Breaking the support will force the price to achieve new bearish correction that targets 26.00$ as a next negative station.
Expected Trading Range
Between 26.90$ support and 27.90$ resistance.
Trend Forecast: Neutral
Commodities News
Commodities
Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...