Both silver and bonds have recently spiked into a common type of blow-off top pattern, some off which I have highlighted on this blog in recent years.
Sentiment and large trader positioning is ripe for a trend reversal or stall.
If you are one to get caught up late in a trend when it is obvious, my suggestion is that this trend has run its course. And now is time to exit on an intermediate term basis, certainly NOT to get sucked into what WAS a strong trend.
Pete
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