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FX.co ★ Technical Analysis of Intraday Assets of Silver Commodity, Monday, January 09 2023.

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Forex Analysis:::2023-01-09T05:37:42

Technical Analysis of Intraday Assets of Silver Commodity, Monday, January 09 2023.

Technical Analysis of Intraday Assets of Silver Commodity, Monday, January 09 2023.

On the 4-hour chart, the Silver commodity asset can be seen at the level of the Bullish Fair value Gap area in the range of 23,185-23,465 which functions as a pretty good Support area level so that at this time Silver is appreciating again, rallying up and up to test the 24,485 level, but if on its way to that level suddenly suddenly Silver has depreciated again until it breaks below the 23,025 level. This will be a sign that there will be a change in the direction of the bias movement in Silver so that what has been described previously will cancel itself.

(Disclaimer)

Analyst InstaForex
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