Silver Intraday Signal: Downside Toward 80.00
Analysis:
Silver continues to trade under bearish pressure on the 4H timeframe after rejecting the 95.00 supply zone. The recent lower high formation and failure to sustain bullish momentum confirm that sellers remain dominant. Price has rotated back toward the mid-range area near 85.00, suggesting a potential continuation toward lower liquidity levels.
The nearest demand sits around 80.00, which aligns with the current structural support zone. A breakdown below this level could extend the decline toward the stronger demand area near 65.00. Only a sustained move back above 90.00 would invalidate the bearish scenario and shift focus toward the 95.00 resistance area again.
Trade Setup:
Enter: Short below 88.00
Stop-Loss (SL): 91.00
Target A: 80.00
Target B: 70.00
