Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday February 13, 2024.

With the appearance of the hidden deviation between the price movement of Silver with Stochastic Oscillator indicator as well as bullish 123 pattern which followed by the Ross Hook (RH) as well as the price movement which move above WMA 30 shift 2, then we would find out that Silver commodity asset is in the middle of strengthening condition where currently trying to test and break above the level 23,021. If this level successfully broken, then level 23,268 will be the next target to be aimed of, but if on the way on those targets suddenly there is a correction until the Silver weaken below the level 23,325, then the strengthening scenario that has been described before will become invalid and cancel itself.

(Disclaimer)The material has been provided by InstaForex Company - www.instaforex.com


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