SIU11 – September Silver (Last:36.100)

September Silver (SIU11) price chart with targetsSilver looked like it was waiting for gold to catch up before taking on the June 22 high at 36.875. Wednesday night’s mellow action seemed likely, for starters, to develop thrust enough for a push to the 36.990 target of the pattern shown.  Night owls looking for a safe spot to board should consider impulsive opportunities as subtle as the developing one that I’ve highlighted in the chart.  Please note that I’ve slightly doctored the chart. If you can determine how, you’re well on your way toward discovering an opportune entry spot on your own.