Silver Intraday Signal: Watch 75.20
The Silver Intraday Signal reflects rebound potential as price stabilizes around intraday support at 75.20. Momentum conditions are improving, with the RSI calling for a bounce and signaling strengthening upside pressure. As long as price holds above 75.20, the short-term structure favors buyers.
Immediate resistance is located at 77.00. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the upside objective at 77.65. Holding above the pivot reinforces the recovery phase and keeps the constructive intraday scenario intact.
Trade Setup:
Enter: Long above 75.20
Stop-Loss (SL): 74.50
Target A: 77.00
Target B: 77.65