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17.09.202407:26 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Monday September 17, 2024.

Exchange Rates 17.09.2024 analysis

After successfully breaking through the 30,129 level and the Upper Line of its Bullish Pitchfork on the 4-hour Silver chart, the commodity asset will now experience a downward weakening correction as long as there is no further strengthening that breaks through the 31,429 level, then the Silver commodity asset will weaken down to the Middle Line of the Bullish Pitchfork and if it is successfully broken down, Silver will continue its weakening back to the 29,775 level as its main target and if the momentum and volatility support it, the 29,453 level will be the next target to be aimed for.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Arief Makmur,
Analytical expert of InstaSpot
© 2007-2024
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