Silver (XAGUSD) Intraday Signal: Bearish Below 80.00
Analysis
Silver has pushed aggressively into a premium zone near 80–81, where a clear weak high has formed. The rejection from this level indicates that buy-side liquidity has been taken, and the market is now transitioning into a potential distribution phase.
Following the rejection, price shows loss of bullish momentum and starts printing lower highs on lower timeframes. This suggests a short-term bearish shift, especially as price struggles to sustain above the 79–80 area.
With multiple imbalances and demand zones below (75 and 72), the market has a clear draw on liquidity. As long as price remains below the weak high, continuation to the downside is the higher probability scenario.
Trade Setup
Enter: Sell below 78.80
Stop-Loss (SL): 81.20
Target A: 75.50
Target B: 73.50