SIH11 – March Silver (Last:29.880)

Silver has already surpassed two peaks analogous to the ones I’ve flagged as obstacles for April Gold, but if the former is going to pull the latter higher, it’ll need to do something impressive — i.e., pop above the secondary peak at 30.885 recorded January 4 on the way down. More immediately, and less ambitiously, a close above a midpoint resistance at 30.255 would set the futures on course for 30.875, its ‘D’ sibling.