SHORT SILVER (XAGUSD) Based on Trend Exhaustion & Mean Reversion

The line-work pretty much spells it out ...

Not shown are the pitchforks that generated some of the trendlines. The Resistance/Support Channel is derived from the same. The AVWAP establishes the "horizontal" (i.e. "momentary) component of the range, while the diagonals establish the "arguably more reliable"trading range. The anchored Volume Profile lends further corroboration.