Silver (XAG/USD) Intraday Signal: Bearish Below 80.00
Analysis
Silver is currently trading inside a distribution range after a strong impulsive move, with a clear weak high formed near 83.00. The sharp rejection from that level followed by a CHoCH indicates that bullish momentum has been exhausted and sellers are gaining control.
Price is now compressing above a minor demand zone around 78.50–79.00, but the structure shows lower highs and internal breakdowns (BOS). This suggests that the current consolidation is likely a continuation pattern before a downside move, rather than accumulation.
If this demand zone fails, the next liquidity target lies significantly lower, near the 75.00 and 72.00 strong demand areas, where previous accumulation and institutional interest are visible.
Trade Setup
Enter: Sell below 78.80
Stop-Loss (SL): 80.50
Target A: 75.20
Target B: 72.50