🚨 SILVER MONTHLY RSI AT 94 THIS IS WHERE THINGS USUALLY GET UNCOMFORTABLE

Silver’s monthly RSI is sitting at 94.

That’s not a normal momentum reading.
That’s an extreme.

If you look back at history, every time silver’s monthly RSI moved:

above 80, and especially

above 90

the outcome was broadly the same.

What the chart tends to do at these levels:

You get a sharp, almost vertical rise followed by a fast and deep decline.

The classic “Eiffel Tower” structure.

Not a gentle pullback.
Not a long consolidation.

A quick reset.

Why the macro backdrop matters here:

This kind of technical extreme is far more fragile when:

economic momentum is slowing credit conditions are tightening liquidity is not expanding

That’s the environment we’re moving into now.

In slowdowns, markets don’t reward excess for long.
They reprice it.

High-beta assets feel that first.

What this means in practice:

Silver can still move higher in the short term.
Blow-off phases often do.

But at levels like this, buying isn’t about value anymore.
It’s about momentum and fear.

That’s when risk quietly shifts from missing upside
to being caught in the reversal.

So yes, silver looks strong on the surface.

But when indicators stretch this far, history suggests caution, not confidence.

Charts don’t care about narratives.
They care about exhaustion.

And exhaustion usually shows up before most people are ready to see it.