Silver 59.84 fake breakout—are the shorts trapped or is this a real reversal?



$XAG /USDT - Go short SHORT

Trading plan:
Entry: 59.82 – 59.86
SL: 60.02
TP1: 59.70
TP2: 59.61
TP3: 59.47

Why focus on this structure?
• The 4H trend is clearly bearish, but the 1D is ranging—entry here needs caution
• RSI on 15M is at 58.55, not overbought, so there’s still downside room in the short term
• The main plan targets TP1 59.70, TP2 59.61, with a stop loss at 60.02—risk/reward is reasonable
• Why now? After repeated tests near 59.84, if price breaks below 59.70, bearish momentum will accelerate

Discussion:
In this move, do you see TP2 at 59.61 first, or are you worried about a bull trap rebound back up to the 60.02 stop loss?
XAG-0.22%
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