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Patrick Karim, technical analyst at Technical Traders Ltd, questions the current optimism in silver markets. Karim points out that the monthly chart suggests ongoing issues that could delay further upward momentum for silver prices.
Karim has raised similar caution in other metals markets. In a previous note, he observed that copper was not yet outperforming stocks. He also argued that gold’s advance toward $14,000 depends on a key market resolution. These comments follow Karim’s ongoing focus on technical barriers across commodities.