03:26 pm (GMT +0200)Silver is currently trading between the key levels at 23.697 and 23.492. A decisive movement to breach the swing level at 23.697 will generate a buy signal. If the momentum sustains, Silver will reach the immediate targets at 23.779 and 23.820. A protective stop loss at 23.492 is highly recommended.
Price Action
Thursday, November 16 2023
03:26 pm (GMT +0200)
30 minutes Timeframe
Should Silver manage to breach below the support at 23.492, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
23.779
Target 2
23.820
Target 3
23.902
Target 4
24.005
Entry
23.697
Stop Loss
23.492
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:26 pm (GMT +0200)
30 minutes Timeframe
Silver is currently trading between the key levels at 23.697 and 23.492. A decisive movement to breach the swing level at 23.697 will generate a buy signal. If the momentum sustains, Silver will reach the immediate targets at 23.779 and 23.820. A protective stop loss at 23.492 is highly recommended.
Should Silver manage to breach below the support at 23.492, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
23.779
Target 2
23.820
Target 3
23.902
Target 4
24.005
Entry
23.697
Stop Loss
23.492
Trend Confirmation
Momentum
LWMA
MACD