Price Action

Friday, January 21 2022
SILVER
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
direction

Profit Levels

direction
Target 1
24.659

direction
Target 2
24.714

direction
Target 3
24.824

direction
Target 4
24.962

entry
Entry
24.549
entry
Stop Loss
24.274

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Friday, January 21 2022
SILVER
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
direction

Profit Levels

direction
Target 1
24.659

direction
Target 2
24.714

direction
Target 3
24.824

direction
Target 4
24.962

entry
Entry
24.549
entry
Stop Loss
24.274

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction