The silver price is seeing a new narrative emerge, with total open interest in Comex silver contracts increasing over 10% in the last month to 107,000 contracts, a key indicator of fresh capital flowing back into the market, which could provide the fuel for the next leg up in $SI .

Entry: 67

The combination of dwindling above-ground stocks and immediate supply constraints is neutralizing downward macroeconomic pressure, creating a tight fundamental setup for the silver price, with a potential break above $70.00 triggering a swift short-covering rally.

Not financial advice. Manage your risk.

#SilverPrice #Comex #LongSetup

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