Silver Intraday Signal: Downside Toward 80.00
Analysis:
Silver remains under selling pressure on the 4-hour timeframe after rejecting the 96.00 supply zone. The recent rally failed to establish a higher high and instead formed a weak high, suggesting that the bullish recovery phase has likely exhausted and sellers are regaining control of the market.
Price is currently rotating near the mid-range around 85.00, but the broader structure still reflects distribution following the sharp February decline. As long as silver trades below 96.00 resistance, the probability favors another move toward the 80.00 demand zone, where buyers previously stepped in and provided liquidity support.
A continuation of bearish momentum could gradually push the market toward that demand area, while only a decisive breakout above 96.00 would invalidate the current downside scenario.
Trade Setup:
Enter: Sell below 90.00
Stop-Loss (SL): 97.00
Target A: 82.00
Target B: 80.00
