Spot Silver ( XAGUSD ) 4 Hour Chart : Bearish

Short

Silver / U.S. Dollar (OANDA:XAGUSD)

Updated

OANDA:XAGUSD Silver / U.S. Dollar

indicator

Spot Silver Current Price $26.79. Bearish ichimoku set up with candles within the cloud and last candle trying to see below the cloud gives indication of bearishness to continue.CPR support at 26.74 , if that support is broken then we may see it move towards $ 26.56 and then move towards $26.30, strong downward move can take it further down towards $26.12.We should keep our stop at close to previous day high ( 18th Sept) at $ 27.19.

Trade closed: target reached:

First target reached, passive traders can exit and others can continue for higher target as mentioned above

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