We’ve set a bullish benchmark at 13.085 that would signal the creation of a robust bullish impulse leg on the hourly chart. However, a less ambitious threshold at 12.565, the midpoint pivot of the rally cycle begun in mid-September, would serve nearly as well to tell us when Silver is ready to move. Let us therefore stipulate that a two-day close above the lower number be taken as a sign that Silver’s intermediate-term trend has reversed to bullish.