FX.co ★ Technical Analysis of Daily Price Movement of Silver Asset Commodity, Thursday February 16 2023.

With the appearance of a deviation between the price movement of Silver and the Stochastic Oscillator indicator, in the next few days Silver has the potential to depreciate downwards to the level of 19,920 as the first target and if the momentum and volatility are sufficiently supportive then the level of 18,800 will be the second target. However, please pay attention when it is on its way to the target that has been previously described suddenly has an upward correction on this Silver instrument which has passed the level of 23,550 then all the downward scenarios described previously will become invalid and cancelled by itself.

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