$Silver hasn't reclaimed its 200-day MA yet, unlike gold. That line sits at 71.95 right now. I'm expecting a rally through it, but we need a clean close above first before talking about further upside. Until then, it's stuck in no-man's land.
This is a patience play. Wait for the MA reclaim, confirm the close, then look for continuation. Jumping in early just puts you in chop zone. Silver loves to fake moves near these levels, so let it prove the breakout first.
Once above 71.95 with convictio...
Everyone is waiting for a bounce, but the 4h chart just handed us a fresh short at 0.0756. The daily trend is bearish and the 15m RSI is at 30.9, meaning momentum is still bleeding lower, not reversing.
$LAB /USDT - 🟢 SHORT · Conf 89%
Trade Plan:
Entry: 0.0750621 – 0.0762179
SL: 0.0924196
TP1: 0.0630553
TP2: 0.0546655
TP3: 0.0420807
Why this setup?
Why now? The 1D trend is firmly bearish, and this setup aligns with that flow. This is a trend-following short, not a gamble against the tape.
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