Silver bulls were targeted around 59.79—do you believe this SHORT signal?



$XAG /USDT - SHORT sell

Trading plan:
Entry: 59.77 – 59.81
SL: 60.00
TP1: 59.64
TP2: 59.53
TP3: 59.38

Why focus on this structure?
- 4-hour timeframe confirms SHORT; the 15-minute RSI has dropped to 36.13, and bearish momentum is being released.
- The current price is 59.79; TP1 is at 59.64—just 0.15 away, and the short-term room is clear.
- The 1D trend is ranging, but the 1-hour P value at 59.79 shows local pressure, making the probability of a bull-trap high.

Discussion:
Will this hit TP2 at 59.53 first, or will it slap you with SL at 60.00?
XAG-0.18%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned