Silver looks a bit heavier than gold as commercial short position
is a bit higher than that of last swing high. I used to think
HFund and Retail were fighting each other but charts showed me
Retail did not seem to care much while it's SWAP engaging HFund
instead just like the gold front.
A few weeks ago when silver was at the low 19.xx I said COT was
setup for a quick 10% move in either direction. We did get that
move when HFund was forced to unwind their shorts. To go higher
from here HFund has to provide more than just short-covering, or
it'd become a short setup again. Would like to see silver up
another 3-4% on neg tech divergence so I could short it.