Silver has rallied sharply and currently at LTH.
Price has now reached Long-Term Highs with sentiment turning aggressively bullish - exactly where risk asymmetry starts to flip.
Crowded bullish sentiment + overhead supply.
We can see a correction 30% atleast from these levels. $56–58.
Not a recommendation — just my contra positioning thought.
#Silver #Metals #CommodityTrading #Contrarian #TechnicalAnalysis #RiskReward
Price has now reached Long-Term Highs with sentiment turning aggressively bullish - exactly where risk asymmetry starts to flip.
Crowded bullish sentiment + overhead supply.
We can see a correction 30% atleast from these levels. $56–58.
Not a recommendation — just my contra positioning thought.
#Silver #Metals #CommodityTrading #Contrarian #TechnicalAnalysis #RiskReward
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.