03.09.202405:34 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday September 03, 2024.

Relevance up to 22:00 2024-09-03 UTC--4

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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.

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