Silver is at the 50% of the previous major rise. There are also a few time dates that land on this week month so suspecting that it will be a top if it play out. Certainly seems pretty toppy being at the top of this channel. Should we begin to break out i will have to cover short positions... Hopefully not and hope even more they don't just do a fake out.
All my weekly and daily indicators are up the top and it is so extended from its EMA's so i suspect will try pulling back towards these... Targets would be around 21.50 to 22 initially and longer view back to 20 support.
:)
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