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Silver just flashed a signal most traders will ignore—until it’s too late. $XAG /USDT
$XAG /USDT - SHORT
Trade Plan:
Entry: 60.05 – 60.31
SL: 61.39
TP1: 59.27
TP2: 58.66
TP3: 57.75
Why this setup?
4H bias is SHORT with 55% confidence, but the 1D trend is range—so this isn’t a breakout, it’s a mean reversion. RSI 15m at 60.49 shows local strength, yet entry at 60.18 targets 59.27 (TP1) with tight 1H ATR of 0.505. Why now? The alt setup invalidates above 60.35, meaning the window for downside is narrow and high-probability.
Debate:
Is this a trap for shorts before a squeeze to 61.70, or the perfect fade before 58.66?