Silver's 4H chart is whispering a different story than the daily range suggests $XAG SHORT
Entry Zone: $78.25 – $78.65 Stop Loss: $79.80
Targets: TP1: $77.30 TP2: $76.90 TP3: $76.20
Why this setup: SHORT bias (55%) within a 1D range. Price at defined entry zone break below local structure targets TP1 at $77.31. 4H momentum fading into resistance with 50-day EMA capping upside near $79.20 . Recovery from recent lows choppy with small-bodied candles suggesting exhaustion . RSI around 42-43 confirms neutral-to-weak momentum .
Why this setup: Rebounding from $119–$120 support with higher low forming. Structure bullish while above $119 — break above $132 could target $134 liquidity. Secure partials at TP1 and trail stops on strength.
Why: Sharp expansion from $0.30 to $0.37 shows aggressive buying. Structure bullish while holding above $0.329 support. Break above $0.35 could ignite next leg.
Why this setup: 4H chart armed LONG. RSI on 15m shows momentum at 74, but daily trend is range-bound. Tight entry zone with TP1 offering a clear first target. Recent 7-day growth of 17.53% with bullish momentum noted .