Silver bulls’ last gasp?
$XAG /USDT - SHORT
Trading plan:
Entry: 69.13 – 69.33
SL: 70.21
TP1: 68.49
TP2: 68.00
TP3: 67.27
Why watch this setup?
- The 1D trend is choppy, not one-directional, so don’t chase the rally.
- The 4H direction is clearly bearish, with 69.23 as the reference level; the downside is greater than the upside.
- The 15M RSI has reached 65, indicating short-term overheating, and the probability of a pullback is building.
- Why now? Because we’re waiting for 4H momentum confirmation—not guessing the top, but following the trend.
Discussion:
Will this move first hit TP1 at 68.