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Silver’s 4h chart just flashed a signal most traders are ignoring.
$XAG /USDT - SHORT
Trade Plan:
Entry: 64.99 – 65.11
SL: 65.67
TP1: 64.59
TP2: 64.28
TP3: 63.81
Why this setup?
• RSI on 15m is 66—pushing into overbought territory in a range-bound 1D trend.
• ATR of 0.257 on 1h shows low volatility, often preceding a sharp move.
• Primary entry at 65.05 with TP1 at 64.59 targets the range low—why wait for confirmation?
Debate:
Are you shorting $XAG /USDT here, or do you think it fakes out to 65.82 first?