Silver just flashed a signal that trapped bulls in 2024—$XAG /USDT is doing it again.
$XAG - SHORT
Trade Plan:
Entry: 74.968519 – 75.175487
SL: 76.065453
TP1: 74.326916
TP2: 73.830191
TP3: 73.085103
Why this setup?
RSI on the 15m is at 34.32—already oversold, but the 4h bias remains SHORT with 55% confidence. The 1D trend is range, not bullish. Entry at 75.07 with TP1 at 74.33 means the path of least resistance is down. Why now? Because oversold bounces get sold into when the higher timeframe refuses to trend.
Debate:
Do you fade the first oversold bounce, or wait for a retest of 76.06 to short?
Trade $XAG here 👇
XAGUSDT
Trvl
80.58
+0.16%
DYOR