Silver price resumes the rise - Forecast today - 16-04-2024
Economies.com
2024-04-16 03:59AM UTC
Silver Price Analysis
Expected Scenario
- Silver price bounced bullishly after testing 28.00$ in the previous sessions, to resume the bullish trend within the bullish channel that appears on the chart, and we believe that the way is open to achieve our main awaited target at 29.80$.
- Stochastic negativity might slow down the bullish wave and cause some sideways fluctuation, while in general, we will continue to suggest the bullish trend for the upcoming period unless breaking 28.00$ and holding below it.
Expected Outcome
The expected trading range for today is between 28.50$ support and 29.20$ resistance.
Trend Forecast: Bullish
Commodities News
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities
Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities Technical Analysis
Commodities
Oil price will reach $100 in 2024? Expert analysis and which are the best brokers for trading it
2024-05-01 11:23AM UTC
Technical Forecasts for Oil Prices The Best 2 Oil Trading Brokers for This Year The ...
Commodities
Brent oil price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Brent Oil Price Analysis: Expected Scenarios Brent oil price resumes its negative trading to ...
Commodities
Silver price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Silver Price Analysis: Expected Scenarios Silver price settles below the broken neckline of the ...