Silver has been in a holding pattern for two months, so let’s not begin the day expecting too terribly much. A print at 18.815 is what we should want to see before we take serious encouragement, since that would exceed a look-to-the-left peak on the hourly chart that was made May 19 on the way down. If you’d prefer to be on a hair trigger, and perhaps to get long using camouflage, the impulsive breakout on the 3-minute chart would come at 18.335.
