Has the 4-hour short trap for silver $XAG /USDT been set up?



XAG_USDT - SHORT

Trading plan:
Entry: 59.81 – 59.85
SL: 60.04
TP1: 59.67
TP2: 59.57
TP3: 59.41

Why focus on this structure?
- The 4-hour bearish signal is activated, but the 1-day trend is still a choppy range, so there’s limited downside room in the short term.
- RSI on the 15-minute chart at 42.88 is close to oversold, which may trigger a rebound; the current entry point near 59.83 is tightly placed at support.
- The short targets TP1 59.67, TP2 59.57, with a stop loss at 60.04. The risk-reward ratio is about 1:2, so the value is decent.

Discussion:
Will this wave of shorts hit TP2 first, or will it lure longs into a rally rebound before dropping?
XAG-0.20%
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