Silver bulls' last hurrah? $XAG /USDT 4-hour short signal is armed



$XAG /USDT - Short SHORT

Trading Plan:
Entry: 60.98 – 61.16
SL: 61.97
TP1: 60.39
TP2: 59.94
TP3: 59.26

Why focus on this structure?
• RSI 15-minute has fallen to 31.95, approaching oversold territory, but the 4-hour direction is clearly bearish; a bounce is an opportunity to enter.
• Current price 61.07 is exactly the 1-hour key resistance level, with TP1 below at 60.39 and TP2 at 59.94, risk-reward ratio near 1:2.
• Why now? The 1D trend is in a consolidation range, but the 4-hour short signal has been activated, and SL is set at 61.97, risk is manageable.
• If it breaks below 60.98, shorts accelerate; if it bounces to 61.81, the signal becomes invalid.

Discussion:
Will this wave hit TP2 first, or lure longs back to 61.81 before dropping?
XAG-2.18%
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