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Is the silver bulls’ final celebration? $XAG /USDT 55.62 awaits a reversal.
$XAG /USDT - Sell SHORT
Trading plan:
Entry: 55.51 – 55.73
SL: 56.70
TP1: 54.81
TP2: 54.26
TP3: 53.45
Why focus on this structure?
- 4-hour timeframe direction is clear: SHORT, confidence 55.4, the 1-day trend is choppy, not a one-way bull run.
- RSI on the 15-minute chart is 52.45, neutral to slightly weak, with no overbought support.
- ATR 1h is 0.452, volatility is manageable, and 55.62 right now is the reference entry level.
- Why now? At the end of a range, fake breakouts often occur; if it can’t hold steady around 55.62, the bears will take control.
Discussion: