Time to recalibrate your XPL trading approach as we kick off the new year. Just mapped out a fresh technical setup on the chart—if price holds above that wedge formation, things could get interesting. But here's the kicker: shorting this asset has historically delivered solid returns. Watch for breakdowns and lower targets ahead. The current setup suggests downside bias, so traders looking to go short might find decent risk-reward opportunities on a retest or breakdown from current levels.