Silver Intraday Signal: Watch 81.35
The Silver Intraday Signal reflects a cautious tone as price remains capped below the pivot resistance at 81.35. The market currently faces a challenging resistance area at this level, limiting upside potential and keeping the short-term bias tilted to the downside. As long as price trades beneath 81.35, sellers retain tactical control.
Immediate support is located at 79.00. A decisive break below this level would confirm renewed selling pressure and likely extend the decline toward the downside objective at 78.10. The inability to reclaim the pivot reinforces the corrective intraday structure.
Trade Setup:
Enter: Short below 81.35
Stop-Loss (SL): 82.10
Target A: 79.00
Target B: 78.10