Silver Intraday Signal: Watch 84.50
The Silver Intraday Signal maintains a bullish bias while price remains supported above the pivot level at 84.50. The overall intraday structure continues to favor buyers, with RSI indicating sustained upside momentum. As long as price trades above 84.50, the positive bias remains intact.
Immediate resistance is located at 89.00. A sustained move above this level would confirm renewed buying pressure and likely trigger acceleration toward the extended upside objective at 92.00. Holding above the pivot reinforces the short-term constructive structure and keeps bullish momentum active.
Alternatively, a decisive break below 84.50 would neutralize the bullish scenario and expose lower support levels at 82.50 and 80.00, suggesting a potential short-term corrective pullback.
Trade Setup:
Enter: Long above 84.50
Stop-Loss (SL): 82.50
Target A: 89.00
Target B: 92.00