If we look at the 4-hour chart, Silver commodity asset seems to be trying to test the resistance level at 24,075-24,232 if this level is successfully penetrated by Silver, then this commodity asset will continue its rally to test the top line of the Daily Bullish Pitchfork but if it fails If you penetrate the Resistance area level, this condition will become a Hagopian Rules condition which will bring Silver to depreciate, especially if it breaks below the 23,470 level, especially if it is followed by confirmation of the CCI indicator again dropping below level 0 and added to breaking below the -100 level, the scenario of a rally going up from Silver will become invalid and void by itself.
Relevance up to 03:00 2023-01-03 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
