Silver’s pullback has been impressively shallow so far, considering the steep pitch of the rally over the last five days. A minor midpoint support lies at 18.485, but if it’s breached, brace for more corrective action over the near term down to as low as 18.290. Alternatively, a renewed surge today that exceeds 18.990 would be extremely bullish. You can look for a camouflage entry opportunity if there’s a pullback from within 2-5 ticks above that threshold.
