February 13th, 2012
Published Daily

SIU09 – Comex September Silver (Last:14.605)

by Rick Ackerman on August 5, 2009 12:42 am GMT

September Silver signaled significantly higher prices ahead by blowing through an important Hidden Pivot midpoint at 14.500 yesterday. This was the futures’ first encounter with this resistance in the context of the pattern shown in the chart, and it implies that the midpoint’s ‘D’ sibling at 16.565 will be reached.



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