Silver price forecast update 27-03-2024
Economies.com
2024-03-27 09:56AM UTC
Silver Price Analysis
Expected Scenarios
- Silver price tested the key support 24.30$ and rebounds bullishly from there.
- Remains confined between the trend keys represented by this support and 24.85$ resistance.
- Keeps our neutrality valid until now, waiting to surpass one of these levels to detect its next destination clearly.
The contradiction between the technical indicators provides another reason for neutrality, and you can check the expected targets after the breach by reviewing our morning issued report.
Trading Range
The expected trading range for today is between 24.00$ support and 24.90$ resistance.
Trend forecast: Neutral
Commodities News
Commodities
Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Commodities
Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities Technical Analysis
Commodities
Coffee price renews the positive action – Forecast today – 20-5-2024
2024-05-20 05:49AM UTC
Coffee Price Analysis Expected Scenario The coffee price took advantage of the MA55 ...
Commodities
Natural gas price approaches the second target – Forecast today – 20-5-2024
2024-05-20 05:49AM UTC
Natural Gas Price Analysis Expected Scenario The natural gas price resumed the bullish ...
Commodities
Platinum price tends to resume the bullish attack – Forecast today – 20-5-2024
2024-05-20 05:42AM UTC
Platinum Price Analysis Expected Scenario The platinum price repeated attempts to breach ...