Although price action in the last week or so has been impacted and rangebound, most of it has occurred as corrective relative to a 33.740 peak from December 2 that was impulsively exceeded last Thursday. The bad guys should take this purposeful stall as a warning that they will not be able to hold Silver back when it converts the bullish energy it’s been building up and storing for nearly two weeks into thrust. When the impending surge takes out the key, pre-Halloween peak at 35.680, bears will have nowhere to hide.
