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Silver short order at 60.62, will it be different this time?
$XAG /USDT - Short SHORT
Trading Plan:
Entry: 60.50 – 60.74
SL: 61.78
TP1: 59.75
TP2: 59.17
TP3: 58.30
Why pay attention to this structure?
- 4-hour level bearish signal, 1-day trend oscillating, entry point 60.62 near resistance zone.
- RSI 15-minute at 60.51, not yet overbought, but short-term momentum is weak, suitable for waiting for a pullback.
- Stop loss at 61.78 is clear, if it breaks 61.70, the signal becomes invalid, risk is controllable.
Discussion:
Will this short order first hit TP1 59.75, or be pulled back to stop loss at 61.78?