Price Action

Friday, April 22 2022
SILVER
03:57 pm (GMT +0300)
30 minutes Timeframe

A violation of the key support level at 24.043, would trigger a bearish signal, targeting the immediate target levels at 23.913 and even lower at 23.849. A protective stop loss at 24.367 is highly recommended.

Should the commodity manage to exceed the resistance level at 24.367, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
23.913

direction
Target 2
23.849

direction
Target 3
23.719

direction
Target 4
23.557

entry
Entry
24.043
entry
Stop Loss
24.367

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Friday, April 22 2022
SILVER
03:57 pm (GMT +0300)
30 minutes Timeframe

A violation of the key support level at 24.043, would trigger a bearish signal, targeting the immediate target levels at 23.913 and even lower at 23.849. A protective stop loss at 24.367 is highly recommended.

Should the commodity manage to exceed the resistance level at 24.367, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
23.913

direction
Target 2
23.849

direction
Target 3
23.719

direction
Target 4
23.557

entry
Entry
24.043
entry
Stop Loss
24.367

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction