$XAG This order book is a typical example of “bulls indulging themselves”—on the 4-hour chart, there are six candlesticks and five are bearish; the daily chart is also pointing downward. The price is clinging to the moving average to look strong, but it’s already run out of steam. Plainly speaking: the spot market big orders haven’t brought in a single cent—it's only being propped up by the futures side. So what if open interest has risen? Without real cash-and-carry buyers stepping in, lifting it only digs a hole for yourself. Futures contracts are the fastest route to the poorhouse. Going long from this position is basically handing food to the market maker.