Silver (XAG/USD) Technical Analysis: breakdown to 14.28 as the next bearish target

W1 price is below Ichimoku cloud for the primary bearish with the ranging between 14.28 support level and 16.26 resistance level. The price is trying to break 14.81 support level from above to below for the bearish trend to be continuing with 14.28 as the next bearish target.

If the price will break 14.28 support level so the bearish trend will be continuing.
If the price will break 16.26 resistance level from below to above so the reversal from the primary bearish to the primary bullish market condition will be started.
If not so the price will be ranging between the levels.

• Recommendation for long: watch close W1 price to break 16.26 for possible buy trade
• Recommendation to go short: watch W1 price to break 14.28 support level for possible sell trade
  
• Trading Summary: ranging

Trend: