SIK12 – May Silver (Last:32.990)

May Silver (SIK12) price chart with targetsA 31.950 correction target is equivalent to the one at 1623.40 that we’re using for April Gold. Not far below it is an ‘external’ low at 31.600 that we should not want to see broken if Silver is to come roaring back. The best outcome, in fact, would be an upturn from somewhere above 31.950 — the further above it, the better. Camouflageurs should look for the turn — and trade it if the opportunity presents itself — anywhere from 31.990 on down.