SIN11 – July Silver (Last:37.670)

July Silver (SIN11) price chart with targetsA rally that earlier in the day seemed all but guaranteed to reach a minor Hidden Pivot at 38.950 has stalled, but not before punching past its 37.770 midpoint sibling by a decisive 20 cents. This is bullish for the near term, although buyers will need to take out the 37.550 midpoint of a lesser pattern to seize the advantage overnight.