Silver Intraday Signal: Watch 72.70
The Silver Intraday Signal reflects continuation of the rebound as price remains supported above the pivot level at 72.70. Momentum conditions are constructive, with the RSI calling for further upside and reinforcing the recovery structure. As long as price trades above 72.70, buyers retain short-term control.
Immediate resistance is located at 74.30. A sustained move above this level would confirm renewed buying pressure and likely extend the advance toward the upside objective at 74.90. Holding above the pivot keeps the bullish intraday scenario intact and supports continuation of the rebound phase.
Trade Setup:
Enter: Long above 72.70
Stop-Loss (SL): 72.10
Target A: 74.30
Target B: 74.90