Silver price forecast update 12-04-2024
Economies.com
2024-04-12 10:54AM UTC
Silver Price Analysis
Expected Scenario
- Silver price keeps rallying bullishly to approach our new waited target at 29.40$, moving within the bullish channel that supports the chances of achieving more gains on the longer-term basis, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 28.25$.
Expected Trading Range
Between 28.55$ support and 29.30$ 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
Natural gas price moves slowly – Forecast today – 2-5-2024
2024-05-02 08:14AM UTC
Expected Scenarios Natural gas price continued to provide slow sideways trades, affected by ...
Commodities
Platinum price repeats the positive attempts – Forecast today – 2-5-2024
2024-05-02 08:05AM UTC
Expected Scenarios Platinum price ended yesterday by settling above 950.00$ level again, ...
Commodities
Copper price keeps the correctional bearish track – Forecast today – 2-5-2024
2024-05-02 08:04AM UTC
Expected Scenarios No change to copper price bearish track, as it keeps providing negative ...