$XAG - Silver

4H - We have lost the 4 trend for the first time since early 2025. Also, the last range has currently broken down with the last deviation on top of the range, so the assumption is of a distributive PA.

Now we just left two equal highs close to VaL, and the 4H trend is catching up there.

Could be interested in shorting that level with the confluence of a bearish retest of the 4H trend and VaH, along with a sweep of those equal highs.

As long as the 4H trend is not reclaimed, the expectation is of a long downtrend following the last distributive price action.