04:01 pm (GMT +0200)Silver is currently trading between the key levels at 24.549 and 24.274. A decisive movement to breach the swing level at 24.549 will generate a buy signal. If the momentum sustains, Silver will reach the immediate targets at 24.659 and 24.714. A protective stop loss at 24.274 is highly recommended.
Price Action
Friday, January 21 2022
04:01 pm (GMT +0200)
30 minutes Timeframe
Should Silver manage to breach below the support at 24.274, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
24.659
Target 2
24.714
Target 3
24.824
Target 4
24.962
Entry
24.549
Stop Loss
24.274
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Friday, January 21 2022
04:01 pm (GMT +0200)
30 minutes Timeframe
Silver is currently trading between the key levels at 24.549 and 24.274. A decisive movement to breach the swing level at 24.549 will generate a buy signal. If the momentum sustains, Silver will reach the immediate targets at 24.659 and 24.714. A protective stop loss at 24.274 is highly recommended.
Should Silver manage to breach below the support at 24.274, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
24.659
Target 2
24.714
Target 3
24.824
Target 4
24.962
Entry
24.549
Stop Loss
24.274
Trend Confirmation
Momentum
LWMA
MACD