Silver Lining

Silver has shown an unprecedented rally in past few week. The prices sored more than Rs. 1000 in last two trading session. Unprecedented move upside or downside always follwed by unexpected reversal. And that what goin to happen with silver prices. In festive season people are going bullish on silver. Now the question arises when and how silver is gonna correct. Lets have a look on EOD chart and you may perceive the imminent doom.

Its negative divergence on RSI. Notice the difference in volume on both peaks. Hope you might have got an idea what gonna happen with silver.