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Silver’s $XAG /USDT just flashed a 55% short signal – here’s why most traders miss the real trap.
$XAG /USDT - SHORT
Trade Plan:
Entry: 68.49 – 68.81
SL: 70.21
TP1: 67.48
TP2: 66.70
TP3: 65.53
Why this setup?
• 4H timeframe shows range-bound 1D trend, but RSI on 15M sits at 62.32, not overbought yet.
• Entry at 68.65 with tight TP1 67.48 gives a 1.7% drop – quick scalp before the next move.
• Why now? ATR 1H at 0.65 suggests volatility is compressed; short bias exploits a potential rejection from resistance.
Debate:
Are you betting on a breakdown to 65.53 or a fakeout to 70.60 first?