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Silver bulls' final frenzy? $XAG /USDT 4H signal flips to SHORT
$XAG /USDT - Go short SHORT
Trading plan:
Entry: 56.04 – 56.12
SL: 56.50
TP1: 55.76
TP2: 55.55
TP3: 55.24
Why pay attention to this structure?
- Daily range trading: on 4H, the EMA moving averages have weakened; RSI 15M is at 60.54 but lacks strength to break through.
- Current entry is 56.08: TP1 55.76, TP2 55.55, SL 56.50, and the risk-reward ratio is reasonable.
- Why now? Hourly chart resistance is confirmed; if the bulls can’t hold above 56.12, the pullback probability is high.
Discussion:
Will this SHORT reach TP2 first and then bounce, or will it directly bait shorts to pull back? Drop your thoughts in the comments section.