The 240-minute chart shows Silver from the same, sobering perspective as the chart accompanying today’s gold tout. Notice, however, that there is no middling point ‘A’ here, only the one all the way up at 40.780. It implies that the gentlest climax we could hope for to the month-long correction would be down at 26.27, the midpoint pivot of the pattern shown. The ‘D’ target with which it is associated is a hair-raising 18.955, but we needn’t be overly concerned unless the midpoint gets smashed.
