COMEX:SI1!
SILVER
I am long Silver however my outlook for silver is that current breakout could fade very soon, based on COT report.
Commercials holds lots of shorts/LargeSpecs still keep longs, it could go a little more but could sharply fall again to lower TL.
I have been loving #silver but Bullion Banks always dump silver as hard as they could. Long squeeze is JPMorgan's best tactics since 2011.
Is this time different? Good news is Open Interest is lowest since 2014, there is more room to add Longs for Large Specs.
I've learned that the best way to trade Silver is not LT hold, but swing every waves on both sides. Do as JPM /Bullion Banks do.