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Silver bulls are all waiting for a rebound, but the 4-hour signals are forcing a short squeeze.
$XAG /USDT - Short SHORT
Trading plan:
Entry: 56.63 – 56.83
SL: 57.69
TP1: 56.01
TP2: 55.53
TP3: 54.81
Why focus on this setup?
- On the 4H timeframe, it’s bearish; RSI on 15M is only 37.51, and the bearish momentum hasn’t been fully released yet.
- Entry 56.73, TP1 56.01, TP2 55.53, SL 57.69.
- Why now? Within the 1D ranging zone, 56.73 is the resistance level; once it breaks, it accelerates.
Discussion:
Will the 56.73 short hit TP2 first, or will it get swept by the SL?