Silver Intraday Signal: Watch 77.40
The Silver Intraday Signal reflects downside pressure as price remains capped below the pivot resistance at 77.40. As long as 77.40 acts as resistance, the short-term bias remains negative, with focus on 75.30 as immediate support. Sellers retain tactical control while price trades beneath the pivot.
A decisive break below 75.30 would confirm renewed selling momentum and likely trigger acceleration toward the downside objective at 74.20. The inability to reclaim 77.40 reinforces the corrective intraday structure and keeps downside risks elevated.
Trade Setup:
Enter: Short below 77.40
Stop-Loss (SL): 78.40
Target A: 75.30
Target B: 74.20