$XAG – SHORT
📍 Trade Plan:
Entry: 55.70 – 55.90
🛑 SL: 56.40
🎯 TP1: 55.10
🎯 TP2: 54.40
🎯 TP3: 53.60
📊 Why this setup?
The recent $2.0613K long liquidation suggests bullish positions have been forced out, increasing bearish pressure. $XAG is trading below a key resistance zone, and unless buyers reclaim higher levels with strong volume, sellers are likely to remain in control. A confirmed rejection from the entry range strengthens the bearish outlook. Wait for confirmation before entering and always use disciplined risk management.
#IraqSuspendsAllCrudeExportTerminals #SouthKoreaToSuspendNewLeveragedETFListings #SenatePassesResolutionOpposingSBFPardon #SenatePassesResolutionOpposingSBFPardon #SenatePassesResolutionOpposingSBFPardon $XAG
📍 Trade Plan:
Entry: 55.70 – 55.90
🛑 SL: 56.40
🎯 TP1: 55.10
🎯 TP2: 54.40
🎯 TP3: 53.60
📊 Why this setup?
The recent $2.0613K long liquidation suggests bullish positions have been forced out, increasing bearish pressure. $XAG is trading below a key resistance zone, and unless buyers reclaim higher levels with strong volume, sellers are likely to remain in control. A confirmed rejection from the entry range strengthens the bearish outlook. Wait for confirmation before entering and always use disciplined risk management.
#IraqSuspendsAllCrudeExportTerminals #SouthKoreaToSuspendNewLeveragedETFListings #SenatePassesResolutionOpposingSBFPardon #SenatePassesResolutionOpposingSBFPardon #SenatePassesResolutionOpposingSBFPardon $XAG