Silver price needs a positive motive – Analysis - 20-03-2019

Economies.com
2019-03-20 04:55AM UTC

Silver price fluctuates around the EMA50, and as long as the price is above 15.22, our bullish expectations will remain valid for the upcoming period, waiting to test 15.62 level mainly.

 

Note that breaching the targeted level will push the price towards 16.00 as a next positive station, while breaking 15.22 represents negative factor that will press on ther pice to decline again and head towards 14.73 initially.

 

The expected trading range for today is between 15.20 support and 15.60 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Oil News

Commodities

Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Oil Analysis

Commodities

Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Silver Analysis

Commodities

Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...