Late last week, December Silver made a two-year high and broke through a midpoint pivot whose sibling “D” target at 20.45 is now in the crosshairs.  On Thursday we noted four prior highs on the weekly chart that might soon be eclipsed by the silver rally, and the first two were indeed surpassed that day and the next.  In the process, the midpoint pivot at 19.655 that was described in Wednesday’s tout gave way without a fight, telling us to expect its related “D” target to be reached soon.  The rally high of 19.985 occurred on Friday, and since then it looks like some price-capping has been going on.  But as the new season gets underway this week, the key levels to watch are the round number of 20.00, the Hidden Pivot at 20.45, and the next major prior high of 20.80, basis the December 2010 contract.  (Posted by Doug McLagan)