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Silver $XAG /USDT 4-hour LONG signal, dare you follow?
XAG_USDT - LONG
Trade Plan:
Entry: 57.93 – 58.17
SL: 56.56
TP1: 59.17
TP2: 59.91
TP3: 61.03
Why focus on this structure?
- Current price 58.05, near the 4-hour EMA support, RSI 15m at only 47.04, not overbought.
- Intraday trend is range-bound, but the LONG signal confidence is 77.4%, entry zone 57.93-58.17.
- Targets TP1 59.17, TP2 59.91, stop loss 56.56, risk-reward ratio approx 2.5:1.
Discussion:
Will it hit TP2 first, or is it a bull trap?