Silver Look Good for short with 1:2 target

Trend: Bearish. The market has shifted from an uptrend to a downtrend.

Pattern: Break and Retest. Price broke below the 49.50 support level, retested it as resistance, and is now rejecting it.

The Trade: A Short (Sell) setup is active.

Target (TP): 46.48 (Lower support zone).

Stop Loss (SL): 49.79 (Just above the current resistance).

Outlook: Sellers are in control as long as the price stays below 49.80