Like December Gold, December Silver failed yesterday by two ticks to surpass an obvious external peak, consigning the futures to tedium for the remainder of the session. The bigger picture is less bullish than gold’s, however, and so the latter will likely have to pull the former higher today if bulls are going to romp. That would imply minimum upside in this vehicle to 35.540 (30m, A=33.130 on 11/10).
