SILVER 4H - double top before the drop

After a strong rally, silver retested the 49.0–49.5 area aligning with the key 0.618 Fibonacci level. On the 4H chart, we see a clear double-top pattern with falling volume and oscillator divergence. Price already broke below the short-term trendline and failed to hold above resistance - a classic sign of fading bullish momentum.

Fundamentally, silver faces pressure as the dollar stabilizes and rate-cut expectations fade. Industrial demand from Asia is cooling too, reducing the “safe-haven” appeal.

Tactically, while price stays below 49.5, the path of least resistance is down toward 43.8 and possibly 41.1 - key accumulation zones. A breakout above 50.0 would cancel the bearish setup.

Every silver rally ends the same way - right when everyone starts to believe it’ll never end.