Silver XAG is at a key resistance level—is 58.43 a trap or a breakout?



$XAG /USDT - SHORT

Trade Plan:
Entry: 58.31 – 58.55
SL: 59.62
TP1: 57.54
TP2: 56.94
TP3: 56.05

Why this setup?
- 4H SHORT signal, confidence 55%, trend 1D sideways with bearish bias.
- Current price 58.43, hugging EMA resistance, 15-min RSI at 51.77—neutral momentum with no strong buying.
- Why now? Low volume at the top of the range; if it fails to hold 58.55, bears may target TP1 57.54 or even TP2 56.94.

Discussion:
Will it hit TP2 first, or will it be a fakeout rally?
XAG-2.27%
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