Chart of the Day - Friday, January 30, 2026

🏆 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher).
 

• Following a historic rally, the Silver ETF ($SLV) posted its worst day ever today, plunging nearly -30%.
   
• Silver was just one of many metals that got crushed today, as Gold and Platinum also suffered record-worst sessions. 
   
• This sharp unwind serves as a reminder that even the strongest trends can be vulnerable to abrupt positioning resets.

The Takeaway: The metals trade was violently slammed today, with Silver, Gold, and Platinum experiencing major downside pressure.