Silver's looking pretty weak, hitting new lows. RSI is under 40 which is bearish, but could be oversold soon. I'm thinking a small short position might be worth it with a tight stop loss, but I'm waiting for a slight pullback first. Just gotta be careful with the volatility.
Update: Just noticed the Bollinger Bands are squeezing a bit on the H4 chart. That could signal a volatility spike soon. I'm still leaning towards a short, but this makes me even more cautious. Might wait for a clear break below the lower band before committing. Also, keep an eye on news events; that could really shake things up. Maybe reduce position size to manage risk. Just my 2 cents.