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Friday, Feb 20, 2026: We track the COMEX silver market open while Shanghai remains on holiday—and break down what that timing can mean for volatility, pricing signals, and trader behavior. What you’ll learn: How to read the silver open without getting baited by the first move Why Shanghai’s closure/reopen window matters for metals narrative vs flow What “spot vs futures curve” signals can hint at (without overreacting) The key levels and moments to watch into the US market open Key topics covered: COMEX silver open watch (intraday reaction) Shanghai holiday timing + reopening setup Volatility mechanics: spreads, speed, and liquidity moments Physical vs paper sentiment (premiums, inventory talk) Risk control: sizing, scenarios, and what would invalidate the thesis Data context: This breakdown references market timing (US open), COMEX structure (futures), and the Shanghai holiday/reopen window discussed in the episode. This content is for educational purposes only and is not financial advice. I’m not a financial advisor. Do your own research and consider your risk tolerance before making any investment decisions. If this helped, please like & subscribe—and comment “Our John AG” plus your local dealer check: stocked or tight? #Silver #Gold #COMEX #Shanghai #PreciousMetals #Bullion #SilverPrice #GoldPrice #Futures #MarketOpen #Macro #FederalReserve #Volatility #SafeHaven #FinancialNews