🚨 $XAG Strategy: The Silver Resistance Flush
Silver is "toppy" after a relentless run. We are fading the late longs who are buying into the $80 wall. The Sniper waits for the liquidity flush into the lower range.
Entry Zone: $79.35 – $79.48 (Shorting the 4H Resistance)
TP1: $78.98 (1H Pivot Support)
TP2: $78.68 (15m Momentum Target)
TP3: $78.25 (Previous Swing Low)
Stop Loss: $80.01 (Strict exit above the structural high)
Trade Logic:
The 4H structure has shifted from aggressive buying to distribution. Price is currently trapped under a "Hard Ceiling" at $80.00. With the 15m RSI at 39.44, momentum is clearly favoring the bears for a corrective move. As long as we stay under $80, the path of least resistance is toward the $78.20 liquidity pocket.
#XAG #SilverTrading #TalhaSniper #BinanceSquare #commodities
