$XAG 🥈SILVER
Scenario A: The Breakout Entry (High Momentum)
Wait for a 1-minute candle to close above the recent high of $84.02.
Entry: $84.05
🎯Targets ($0.40 change): $84.45
Stop Loss: $83.85 (Below the recent 1m consolidation).
Why: If it clears $84.02, it enters "price discovery" for the session, likely triggering buy-stops.
Scenario B: The Retest/Support Entry (Better Risk/Reward)
Wait for a slight dip to the 0.786 Fibonacci level shown on your chart.
Entry: $83.65
🎯Target ($0.40 change): $84.05 (Targeting a retest of the recent high).
Stop Loss: $83.45 (Below the 0.618 Fib level).
Why: Buying support is safer. If the $83.60 area holds, you only need it to return to the current high to hit your $0.40 target.