SIU11 – September Silver (Last:35.725)

September Silver (SIU11) price chart with targetsSilver may need a kick in the shins from Gold to knock the moroseness from yesterday’s dirge. It has continued into the night, and although the so-far low of the c-d correction leg at 35.660 is well above a midpoint support at 35.395, a decisive breach of that Hidden Pivot would indicate more weakness over the near-term to as low as 34.690, its ‘d’ sibling. You can bottom-fish the midpoint with a stop-loss as tight as three ticks.