Silver Intraday Signal: Downside Toward 80.00
Analysis:
Silver on the 1-hour timeframe continues to trade within a bearish corrective structure after the strong rejection from the 95.00–96.00 supply zone. The sharp decline that followed created a clear Break of Structure (BOS) to the downside, confirming that sellers have regained control of the short-term market direction.
Price is currently consolidating around 83.30, forming a minor recovery after the latest drop. However, this movement appears to be a retracement into a supply area around 85.00–86.00, where the market previously showed strong selling pressure. The presence of a weak high in this region further suggests that upside momentum remains limited.
As long as silver remains below 86.00, the bearish intraday bias remains intact. Liquidity sits below the recent swing lows, making 81.50 the next downside target, while a deeper continuation could push the market toward the 80.00 demand zone, where stronger support previously emerged.
Trade Setup:
Enter: Sell below 84.50
Stop-Loss (SL): 86.20
Target A: 81.50
Target B: 80.00
