December Silver (9.260)

Silver’s intraday charts are as uninteresting as gold’s right now, although a midpoint support at 8.970 needs to be mentioned, since its breach could portend further weakness over the near term to as low as 8.085. Alternatively, a print today at 9.545 would be encouraging news on the 5-minute chart, but the leap it would take to create some positive energy on the hourly is beyond imagining, at least for the moment.