SIZ11 – December Silver (Last:34.835)

December Silver (SIZ11) price chart with targetsTonight’s stall at 35.010 implies the futures will be on their way to exactly 36.205 once the lower number, a midpoint resistance, has been decisively exceeded.  The pattern, both clear and compelling, is shown in the accompanying chart. I have also labeled a look-to-the-left peak at 35.090 that is not a true peak on the hourly chart but which becomes one on intraday charts of lesser degree. It can be used for initiating a camouflage long entry, since any pullback from just above it could create the abc pattern we need to generate a subtle entry signal with relatively little risk.  Want to learn how to nail swing highs and lows precisely, and to manage trade risk yourself? Click here for information about the upcoming Hidden Pivot Webinar on November 16-17 and a $50 discount.