Congrats to the brother who followed the $XAG short-selling strategy—this “profit” has been taken in a seriously overbearing way.

We decisively placed a 100x short at 59.11. The price has already been pushed down to around the 57.34 area, and the single-trade return immediately hit +278.35%.

The logic behind this trade is very solid: after silver tagged the 60.16 daily prior high, it not only failed to hold its ground, but instead printed an extremely long upper wick—this is a classic “bulls exhausted” signal.

We didn’t gamble on the top. Instead, when the rebound lacked strength and after it confirmed a breakdown below the 58.48 short-term support, we entered at 59.11 in line with the move.

Even though 100x leverage is aggressive, with an extremely tight stop-loss buffer (set above 60.20), the risk-reward ratio is very favorable.

Now that the profit is in hand, keep a steady mindset. I suggest everyone cut the position by half around the 57.00 whole-number level—get the principal back out—and then use the remaining position, using the profits to go after even lower lows, so the “bullets” can fly for a bit longer.

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