COMEX SILVER Silver witnessed exceptional volatility in early trade today on the COMEX. Prices swung sharply between a high of $83.75 and a low of $75.15 , and are currently trading near $80.35 . Such a wide intraday range, especially when it occurs near a swing high , deserves close attention from traders. Extreme volatility over a short time span often reflects emotional participation —late buyers chasing momentum and short-term traders reacting aggressively to price movement. Historically, when this kind of behavior appears near higher price zones, it can precede a blow-off move , where price accelerates rapidly before losing strength due to exhaustion. Understanding Blow-Off Risk A blow-off top is not defined by price alone, but by speed, range, and sentiment . When price moves become unusually fast and wide, it signals that: Liquidity is thinning Risk is rising The market may be pulling future demand into the present This does not mean an immediate reversa...
Rule number 1.Don't lose your money , Rule number 2.Don't ever-ever forget rule number 1.