SIZ10 – December Silver (Last:24.190)

It’s late Sunday night, and the futures have bottomed precisely on a 23.715 Hidden Pivot support equivalent to a target given this evening for December Gold. However, Silver’s bounce looks anemic, and I don’t expect the low to hold.  In any event, bulls would needs to push the futures above 23.950 to turn the (very) lesser charts bullish; otherwise, the December contract could grope its way down to as low as 22.945 — last week’s bottom — in search of structural support. _______ UPDATE (10:12 a.m. EDT):  The Hidden Pivot support at 23.715 survived the night, giving way to a 60-cent rally. Now, it’ll take a print at 24.550 to run it up the bad guys’ ol’ wazoo.