Silver Needs A Breakout First

Patrick Karim warns that silver's momentum has slowed after becoming stretched on a monthly basis.

Silver must reclaim a stronger technical level with a monthly close before the risk/reward setup becomes attractive.

Investors should avoid chasing the current move until silver confirms a clear technical breakout.

The current setup does not justify aggressive positioning due to unfavorable risk/reward dynamics.

Technical analysis suggests caution is warranted for silver investors in the short term.