RSI of silver $XAG /USDT just dropped to 47—can the shorts still chase it?



XAG_USDT - SHORT

Trading plan:
Entry: 57.16 – 57.36
SL: 58.21
TP1: 56.55
TP2: 56.07
TP3: 55.36

Why focus on this setup?
• The 4-hour timeframe is clearly for SHORT, with 55.4 confidence, and the 1-day trend is ranging.
• 15-minute RSI is 47.35, not oversold, with room to the downside.
• Current entry at 57.26; TP1 56.55, TP2 56.07, SL 58.21.
• ATR 0.395 indicates moderate volatility, suitable for short-term breakout/breakdown plays.
• Why now? RSI is mildly weak with a neutral bias + testing the lower end of the range; short momentum hasn’t been exhausted.

Discussion:
Will this move hit TP2 first, or will it be a stop-hunt style bounce back to 57.97?
XAG-2.26%
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