Silver Intraday Signal: Upside Potential While Holding Above 40.40
Silver is finding intraday support around 40.40, creating a base for further upside. While consolidation may continue in the short term, its extent is expected to remain limited. As long as 40.40 holds as support, the bias favors further gains toward 41.00 and 41.33. A break below 40.40 would shift the focus back to the downside, exposing 39.95 and 39.60.
Enter: 40.50
SL: 39.95
Target A: 41.00
Target B: 41.33