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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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.