Silver Intraday Signal: Sell Setup Below 72.00
Analysis
Silver (XAGUSD) on the 1-hour timeframe shows a corrective bullish move within a broader bearish structure. Price has recently bounced from a demand zone around 67.00–68.00, but the overall market structure still reflects lower highs, indicating seller control remains intact.
The current move is approaching a key supply zone between 71.50–72.50, which aligns with previous distribution and internal liquidity. This zone also sits below a strong high around 74.00, reinforcing it as a valid area for short positioning.
The recent bullish leg lacks momentum and appears to be a retracement into supply, rather than a structural reversal. No strong bullish Break of Structure (BOS) has formed to invalidate the bearish bias.
As long as price remains below 72.50, the probability favors a rejection and continuation toward the downside.
Trade Setup
Enter: Sell near 71.50–72.50
Stop-Loss (SL): 74.00
Target A: 68.50
Target B: 66.50
