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Silver $XAG /USDT suddenly turned around, and the 4-hour short signal is now fully armed.
XAG_USDT - SHORT
Trading plan:
Entry: 55.05 – 55.25
SL: 56.14
TP1: 54.41
TP2: 53.91
TP3: 53.17
Why focus on this setup?
- RSI (15m) is only 36.7: short-term oversold, but not reversed.
- 1h ATR is 0.41: volatility is tightening, shorts are building strength.
- The 4h trend is bearish: enter at 55.15, target TP1 at 54.41, stop loss at 56.14.
- Not entering now—wait for a break above 55.25 to confirm? Or gamble on a bear trap rebound after a stop-run lower?
Discussion:
Will this push reach TP2 at 53.91 first, or is it a bull trap? Have you placed your orders?