18.03.202405:46 Forex-elemzések és áttekintések: Technical Analysis of Intraday Price Movement of Silver Commodity Asset , Monday March 18, 2024.

With the appearance of deviations on the 4-hour chart of the Silver commodity asset with the Stochastic Oscillator indicator, it is confirmed that there will be a weakening correction of the Uptrend movement of the Silver commodity asset which was previously confirmed by the Golden Cross condition of the EMA 20 which is above the EMA 50 so that in the near future Silver will weaken down to the level of 24,755 as the main target and level 24,435 as the next target to be aimed at, but all of these weakening correction scenarios will be canceled by themselves if before reaching the previously mentioned targets suddenly Silver returns to its initial level and breaks through. above level 25,390.

(Disclaimer)