Silver Intraday Signal: Watch 90.00
The Silver Intraday Signal reflects a cautious tone as price remains capped below the pivot level at 90.00. Momentum conditions are fragile, with the RSI recently striking against its neutrality area at 50%, indicating limited directional conviction. As long as price trades beneath 90.00, the short-term bias remains tilted to the downside.
Immediate support is located at 88.20. A decisive break below this level would confirm renewed selling pressure and likely extend the decline toward the downside objective at 87.30. The inability to reclaim the pivot reinforces the corrective intraday structure.
Trade Setup:
Enter: Short below 90.00
Stop-Loss (SL): 91.20
Target A: 88.20
Target B: 87.30
