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$XAG (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 80.48 - 80.58
Targets:
TP1: 80.12
TP2: 79.82
TP3: 79.48
Stop Loss: 80.88
Why this Setup:
I’m fading the overhead resistance after a strong push and a stalled move near 80.5. I want a clean rejection back into the intraday range, with the first downside test around the 80.1 area and a deeper move if momentum cools off. If price reclaims 80.88, I’d consider the short idea invalid.
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