Silver’s two rallies over the last few days have been failures from a HiddenPivot standpoint, since neither created an impulse leg on the hourly chart. However, the futures have a chance to make up for it with the relatively short thrust it would take to surpass the 16.885 peaklet along the wall of last week’s decline. That’s just 26 cents above the current price, so the implied breakout — and make no mistake, that’s what it would be — lies comfortably within a day’s reach.