The author notes silver faces resistance at the New Year's Eve high and could see a short-term rally if it breaks through.
Unpriced research observations (excluded from Calls and Returns):
XAGUSD — WATCH Silver is testing resistance at its New Year's Eve high. The author argues a break above that level could trigger a short-term upward run. A possible supply glut tonight is noted as a condition that could affect the trend. Exact non-equity contract requires separate historical validation; no generic proxy.
Silver is getting some resistance from the NYE high ATM... If it gets through, we could see a little run here...