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Silver: Potential Top Near $50 as Momentum Fades
Silver traded erratically on Monday, giving up early gains and showing signs of fading momentum. I suspect a potential top forming near $50, though sideways consolidation remains possible if the market stabilizes at current elevated levels. Silver continues to be very noisy, and it’s worth noting that it initially tried to rally during the trading session here on Monday but gave back gains. I think we have to ask questions about what happens next because one thing that I’m watching is the potential for a top ultimately. The market shot straight up in the air and then melted down, bounced slightly, only to see a ... (full story)
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- Nov 4, 2025 5:12am Posted byTechnical Analysis146
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