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Silver bulls still waiting for a breakout? Major players already placed a short order at 60.13.
$XAG /USDT - SHORT
Trade Plan:
Entry: 60.01 – 60.25
SL: 61.25
TP1: 59.29
TP2: 58.73
TP3: 57.89
Why this setup?
- 4H SHORT signal confirmed, entry at 60.13, TP1 targeting 59.29, risk-reward over 2:1.
- RSI on 15M dropped to 52.69, momentum weakening, EMA resistance suppressing rebounds.
- Why now? 1D trend sideways, the upper range around 60.25 is the best spot to short, with a clear stop at 61.25.
Discussion:
Will it first hit TP2 at 58.73, or will the major players fake a dip and push back to 61.53?