There is a very strong squeeze which indicates that high could come soon. Price appeared to make a fake break-out above the triangle.
A significant , a very strong upper out-break, and divergence confirm this short trade setup.
A move down will confirm the start of a impulse wave 3 due to the previous down-trend. Thin red lines are resistance levels, thicker red lines are support levels.
SL set above previous highs. TP set at strong support. 1:9 risk to reward ratio.
Silver is dropping quickly. I expect Gold to drop very soon.
Here is the new setup with the adjusted SL.