Silver bears ambush completed— is 59.71 a fake breakout?



$XAG /USDT - Short SHORT

Trading plan:
Entry: 59.61 – 59.81
SL: 60.65
TP1: 59.00
TP2: 58.53
TP3: 57.82

Why focus on this structure?
- 4H direction is clearly SHORT; 1D is ranging and consolidating, with the 15-minute RSI at 48.25, neutral to slightly weak.
- The current entry price is 59.71; TP1 is 59.00, TP2 is 58.53, and the stop-loss is 60.65. Why now? The 15-minute timeframe has not been oversold—bear momentum has just kicked in, and resistance at the top of the sideways range is effective.

Discussion:
Will this move reach TP2 first, or is it a bear trap for a short-covering rebound?
XAG-0.23%
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