Silver (XAGUSD) Intraday Signal: Buy from 71.00 Zone
Analysis
Silver on the 1H timeframe has recently shifted into a short-term bullish structure after a strong impulsive move from the 67–68 demand zone. This move created a clear BOS to the upside, indicating buyers are currently in control.
The recent drop from ~76 formed a corrective pullback, not a full bearish reversal. Price tapped into the 71.00–70.00 demand zone, where we saw a strong reaction and immediate rejection, confirming active buyers in that area.
Current price action shows higher lows forming, and momentum is stabilizing after the correction. As long as price holds above 70.00, the structure supports continuation toward the previous liquidity near the highs.
Trade Setup
Enter: Buy near 71.00–71.50
Stop-Loss (SL): 69.80
Target A: 74.00
Target B: 76.00