A contrarian trader is calling it: silver has already peaked. Looking at the charts this week, you can see the technical breakdown playing out in real time. After climbing through resistance zones over the past months, silver's price action is showing weakness at higher levels. The setups that worked before aren't holding up anymore. This matters because silver tends to move inversely to certain market conditions, and when it tops like this, it often signals shifting sentiment in the broader commodity and forex markets. Whether you're trading precious metals directly or watching them as a macro indicator, this week's action is worth tracking. The momentum just isn't there at these levels.