SIZ11 – December Silver (Last:41.150)

December Silver (SIZ11) price chart with targetsA prospective ‘camo’ trade that I flagged in Gold has already triggered tonight in this vehicle, although I am not recommending that you play catch-up.  The rally looks likely to reach the 41.450 midpoint (i.e., an officially ‘successful’ launch), but night owls should wait for a tradable pullback after the futures have surpassed  the ‘external’ peak at 41.500 before diving in. This may require a deft touch, but there are enough peaks, even on the hourly chart, to afford several potential entry opportunities.