The short term silver price structure from June 28, 2011 to September 13, 2011 is similar to the price structure from November 30, 2020 to March 9, 2021. Commercial Futures Traders silver short positions on March 9, 2021 were 8% higher than they were on September 13, 2011. This post updates the March 7, 2021 entry (Silver: Short Positions) to indicate Commercial Traders are positioning for a decline in silver this month that is expected to hit 19.48, by March 30, 2021 (+/- 1 trading day).
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