SIZ10 – December Silver (Last:27.690)

December Silver (SIZ10) price chart with targetsIn after-hours activity, the futures traded 3.5 cents above the 27.850 midpoint resistance shown in the chart, shortening the odds of a finishing stroke soon to its ‘D’ sibling at 28.625. If you’re look for a way to get aboard, I suggest using camouflage opportunities on the 5-minute chart. The very appealing one shown in the inset will give you an idea of how subtle the pattern that you’ll be looking for should be. _______ UPDATE (9:47 a.m. ET): Silver reversed overnight weakness this morning, but not with sufficient gusto that we should expect much more today than the 27.885 high already achieved. Even so, the 30.385 target noted above remains very viable, and I’ve encouraged traders to get long if it looks like the December contract will settle above the 27.685 midpoint HP resistance with which the higher target is associated.