🥈 Silver (XAG Perp) 4H: Weekend Base Breakout | LONG SETUP
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📈 Trend: Silver bled from 54 to a 48.97 low on Oct 30, then built a tight 49.2-49.8 base. It is now 50.26 (+1.5% 24H), back on the EMA20 (50.26). EMA50 51.81 and EMA200 56.42 are still overhead, so this is a relief bounce inside a bigger downtrend.
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🧱 Support: 49.85-50.00, then 49.24 (24H low)
🚧 Resistance: 50.63, 51.10, 51.81
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🎯 Entry zone: 49.85-50.00 (retest of the breakout)
🛑 Stop loss: 49.20
✅ TP1: 50.63
✅ TP2: 51.10
✅ TP3: 51.81
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⚠️ Risk: a 4H close back under 49.80 voids the breakout. Use small size; macro headlines move metals fast.
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Not financial advice. DYOR.
⠀
$PAXG $BTC
#Silver #TradFi #BinanceSquare #XAG
⠀
📈 Trend: Silver bled from 54 to a 48.97 low on Oct 30, then built a tight 49.2-49.8 base. It is now 50.26 (+1.5% 24H), back on the EMA20 (50.26). EMA50 51.81 and EMA200 56.42 are still overhead, so this is a relief bounce inside a bigger downtrend.
⠀
🧱 Support: 49.85-50.00, then 49.24 (24H low)
🚧 Resistance: 50.63, 51.10, 51.81
⠀
🎯 Entry zone: 49.85-50.00 (retest of the breakout)
🛑 Stop loss: 49.20
✅ TP1: 50.63
✅ TP2: 51.10
✅ TP3: 51.81
⠀
⚠️ Risk: a 4H close back under 49.80 voids the breakout. Use small size; macro headlines move metals fast.
⠀
Not financial advice. DYOR.
⠀
$PAXG $BTC
#Silver #TradFi #BinanceSquare #XAG
