empty
 
 
03.09.2024 05:34 AM
Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday September 03, 2024.

This image is no longer relevant

With the price movement moving harmoniously within the Bearish Pitchfork channel and below both EMAs on the 4-hour chart of Silver commodity assets, we can conclude that Sellers are currently dominating Silver commodity assets, currently dominated by Sellers so that in the near future it has the potential to continue its weakening to the level of 28,045 and if the momentum and volatility support it, the level of 27,427 will be the next target, but all these scenarios will be invalid and canceled by themselves if there is a sudden strengthening correction that breaks above the level of 29,320 considering that today, September 3, there is an Astrological New Moon phenomenon which generally has an impact on Turning Point.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback