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Is silver long the last big celebration? $XAG /USDT 4-hour short signals have lit up.
$XAG /USDT - Sell SHORT
Trading plan:
Entry: 59.55 – 59.75
SL: 60.62
TP1: 58.92
TP2: 58.44
TP3: 57.71
Why pay attention to this structure?
- Current price 59.65, 4H short signal activated; RSI 15M is only 46, with weak momentum.
- The 1D trend is range-bound; the short-term rebound is lacking strength, and the short TP1 at 58.92 is within reach.
- Why now? ATR 1H is only 0.4; after volatility convergence, a breakout is imminent, with a short risk-reward ratio of 1:2.5.
Discussion:
Will this move first hit TP2 58.44, or will it trap shorts and then trigger a violent rebound?