Silver bears are lying in ambush below 60—dare you to follow this move?



$XAG /USDT - SHORT

Trading Plan:
Entry: 59.85 – 60.07
SL: 60.97
TP1: 59.20
TP2: 58.70
TP3: 57.94

Why pay attention to this structure?
- $XAG /USDT 4H direction is clear: SHORT, confidence 55.4%, 1D is range-bound and consolidating.
- The current price is 59.96, close to EMA resistance; the 15-minute RSI at 46.18 looks weak.
- Why is it now? The 1-hour ATR is only 0.42; after volatility contraction, a breakout is brewing. The short stop loss is at 60.97, so the risk of a breakdown is controllable.
- Targets: TP1 59.20, TP2 58.70, with a better risk-reward than the long side.

Discussion:
Will this push to TP2 first, or is it a baiting longs trap?
XAG3.43%
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