SIU10 – September Silver (Last:18.330)

September Silver (SIU10) price chart with targetsIf we ignore yesterday’s gratuitous hiccup, Silver looks poised for a more durable thrust, having exceeded the Hidden Pivot rally target shown in the chart by more than four cents yesterday.  However, the futures weren’t providing any solid hand holds Wednesday night, even on the 2-minute chart. A midpoint resistance at 18.395 might work as a breakout number, but you’ll need to improvise your own tactic if you want to get long.