The chart shows a potential buy setup for Silver Futures (SIL1!) on the 1-hour timeframe.
Support: 32.1 - 32.7
Resistance: 33.3 - 34.2
Entry: Around 32.7 (if support holds)
Stop Loss: Below 32.1
Take Profit: First at 33.3, final at 34.2
If 32.1 breaks, the price may fall toward 31.7. A break above 33.3 could confirm a move to 34.2.
Support: 32.1 - 32.7
Resistance: 33.3 - 34.2
Entry: Around 32.7 (if support holds)
Stop Loss: Below 32.1
Take Profit: First at 33.3, final at 34.2
If 32.1 breaks, the price may fall toward 31.7. A break above 33.3 could confirm a move to 34.2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.