December Silver (10.290)

With silver holding its own against weakness in other precious metals, my immediate outlook is unchanged, given here earlier as follows: “The futures are struggling to stay above a midpoint resistance at 10.265, but they’ll need to close above it, or exceed it by at least 50 cents intraday, to signal their readiness for a move to the 11.330 target that has served in recent days as our rally objective. Swing traders should consider taking profits on at least half of any long positions at that price, and long-term bulls should also adjust in anticipation of a pullback.”