empty
 
 
21.05.2025 06:25 AM
Technical Analysis of Intraday Price Movement Silver Commodity Instrument, Wednesday May 21, 2025.

This image is no longer relevant

On the 4-hour chart, the Silver commodity instrument appears to be showing Convergence between the Silver commodity instrument price movement and the Stochastic Oscillator indicator, so that in the near future Silver has the potential to strengthen up to the 33,175 level as its main target and 33,596 as the next target. If the volatility and momentum of strengthening and volatility support it, but because the Stochastic Oscillator indicator is currently at the Overbought level (80) and is preparing to cross Sell, there is the potential for a weakening correction in the near future as well, but as long as it does not break through and close below level 31,615 then Silver remains in a strengthening bias.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback