Silver price forecast update 19-04-2024
Economies.com
2024-04-19 10:43AM UTC
Silver Price Analysis
Expected Scenario
- Silver price returns to test the key support at 28.00$.
- The EMA50 attempts to protect the expected positive scenario for today.
- Waiting to resume the bullish wave that its next main target reaches 29.80$.
- Reminding you that breaching 28.95$ will ease the mission to achieve the suggested target, while holding above 28.00$ represents a major condition for the continuation of the expected rise.
Expected Trading Range
Between 28.25$ support and 29.20$ resistance.
Trend Forecast: Bullish
Commodities News
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
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 Technical Analysis
Commodities
Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...
Commodities
Crude oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, ...
Commodities
Silver price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Silver Trading Report Silver price continues to decline to move below the neckline of the double ...