The silver market is made ABOVE ALL for delivery , to industrial use . The net physical buyers are the one who set the delivery price. Reddit crowd is not taking delivery , just making a quick ( 5 days ) run up to make $ . So the real price for delivery will settle down where industry needs it . The hype is over . With stronger US $ + Real Yields climbing , the hyper-inflation hype pushing up XAG is not real . XAG/USD will cool down to 24/25 .
I closed short it started looks like 28 maybe more, for me. Then i will look for shorts again. Situation looks like Situation on the gold at the end of the Last year. Something like we are waiting for buyers. We cant break trend line.. There are few h4 inside bars. Ps: im not good trader. Probably im wrong... Thanks for your work, you are demon...