Silver (XAGUSD) Intraday Signal: Selling Pressure Under 90.00 Resistance
Analysis
Silver on the 1-hour timeframe recently attempted a bullish recovery after forming a strong demand base near 80.00. From that level the market produced a bullish impulse and a break of structure (BOS), pushing price toward the 88.50–90.00 supply zone.
As the rally reached this region, momentum began to weaken. The chart shows a weak high around 90.00, indicating that buyers were unable to sustain the upward movement inside the supply area. This level previously acted as a distribution zone where sellers regained control.
Following the rejection from that resistance, the market has already started to move lower. Price is currently trading around 84.80, suggesting that the recent rally was likely a liquidity retracement into supply rather than the start of a sustained bullish trend.
If Silver continues to trade below 90.00, the bearish momentum may extend further. The first downside target sits near 83.80–84.00, which represents the nearest demand zone and structural support on the chart.
If selling pressure strengthens, the market could move deeper toward the 80.00 strong demand zone, where a major liquidity pool previously triggered a bullish reaction.
As long as Silver remains below 90.00, the intraday bias favors bearish continuation.
Trade Setup
Enter: Sell below 84.70
Stop-Loss (SL): 90.40
Target A: 83.80
Target B: 80.00
