Silver – Short-Term Bearish Continuation Setup

Silver remains in a short-term bearish trend. For now, I would only consider shifting that bias if we see a strong, impulsive reaction with clear-bodied candles from a key Point of Interest (POI), signaling potential displacement and a change in short-term order flow.

A move toward the 71.5–72.0 area remains a reasonable downside objective.

Price has already swept a recent swing low, and ideally I would like to see a pullback to rebalance one of the two nearby Fair Value Gaps (FVGs) before continuation lower toward the mentioned targets. That would provide a cleaner structure for short positioning within the current bearish momentum.

From a broader perspective, both Silver and Gold maintain a bullish mid-to-long-term outlook. However, after strong impulsive rallies, markets typically retrace aggressively and consolidate, redistributing liquidity before the next expansion phase.