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The RSI for Silver $XAG /USDT on the 15-minute chart has fallen to 41—are you brave enough to follow this LONG signal?
XAG_USDT - Go LONG
Trading plan:
Entry: 55.12 – 55.34
SL: 53.87
TP1: 56.25
TP2: 56.93
TP3: 57.95
Why focus on this setup?
• On the 4-hour timeframe it’s bullish, with 77% confidence. Entry near 55.23, stop loss 53.87.
• RSI on the 15-minute chart is oversold (41.33), and short-term rebound momentum is building.
• TP1 56.25, TP2 56.93—the reward-to-risk ratio is over 2:1, and this is the key moment.
Discussion:
Do you think this move can hit TP2 first, or is it a bull trap?