Silver's on fire this week—hitting fresh all-time highs as momentum builds. The chart setup screams weakness for those long positions though. If you're watching the precious metals space, the short side's looking increasingly attractive right now. The technical signals and price action are suggesting a pullback could be in play sooner rather than later.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
3
Repost
Share
Comment
0/400
AirdropDreamer
· 13h ago
Silver hits a new high again? Alright, but this time I really smell a pullback... The temptation for bears is indeed strong.
View OriginalReply0
digital_archaeologist
· 13h ago
Silver hits a new high again? The weaknesses in the chart make me feel uncomfortable; I think it's time to short it.
View OriginalReply0
SandwichDetector
· 13h ago
Silver hits a new high, but the bulls are about to run away. This wave definitely feels more comfortable being bearish.
Silver's on fire this week—hitting fresh all-time highs as momentum builds. The chart setup screams weakness for those long positions though. If you're watching the precious metals space, the short side's looking increasingly attractive right now. The technical signals and price action are suggesting a pullback could be in play sooner rather than later.