Mike McGlone|Dec 03, 2025 11:52
Silver Longs Typically Suffer From Current Levels -
The last time silver stretched to a premium akin to now vs. its 20-month moving average was at 2020's high near $30 an ounce. The low was $17.56 in 2022, marking a base for the current uptrend. My graphic highlights the metal's extended bull market and how unfavorable such levels typically are for long positions.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t6oxiakgifq0 {BI COMD}
#silver #gold #metals #technicalanalysis @BBGIntelligence(Mike McGlone)
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