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Are silver bulls still holding on? $XAG /USDT 4-hour short signal has flashed
$XAG /USDT - Short SHORT
Trading plan:
Entry: 58.40 – 58.56
SL: 59.25
TP1: 57.90
TP2: 57.52
TP3: 56.94
Why focus on this structure?
- Current price 58.48, RSI(15m) 47.99, momentum is weak, and bulls and bears are stuck in a stalemate.
- The 1D trend is a ranging box, while the 4h direction is clearly bearish, with a strong EMA system suppression.
- Short entry at 58.48, TP1 57.90, TP2 57.52, SL 59.25, risk-reward ratio 2.3:1.
- Why now? RSI hasn’t hit oversold yet, downside room remains, and a break above 58.40 could accelerate the sell-off.
Discussion:
Will this move hit TP2 first, or will there be a stop-hunt rebound back to 59?