Silver has already gained considerable profit potential at the $85 level, and it's time to act decisively and take profits. Looking at the logic behind this wave of market movement—CME has raised margin requirements for precious metals three consecutive times, which initially was expected to trigger a quick correction. However, the market surprisingly held steady with limited declines. This resilience is unusual and suggests that there may be stronger buying interest waiting above.

However, I’m not in a rush to go long. The market has been rallying for so long, and the possibility of a rebound is evident, but jumping in now carries significant risk. It’s better to stay on the sidelines and observe until clearer signals emerge before making a move. Precious metals are most vulnerable to being caught at high levels.