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Silver bulls’ final frenzy? $XAG /USDT 4H bearish signals have already been triggered
$XAG /USDT - SHORT to go short
Trading plan:
Entry: 58.24 – 58.42
SL: 59.19
TP1: 57.69
TP2: 57.26
TP3: 56.61
Why focus on this structure?
- The 15-minute RSI has fallen to 46.02, and momentum has weakened.
- The 1-hour ATR is only 0.358, volatility is contracting, and direction selection is imminent.
- On the 4H timeframe there is a bearish signal plus daily-range consolidation; most likely it will retest TP1 at 57.69.
Discussion:
Will this move first reach TP2 at 57.26, or will it fake a break above and pull back from 58.97?