SIK12 – May Silver (Last:31.585)

May Silver (SIK12) price chart with targetsZzzzzzzzz.  As noted here earlier, Gold will need to pull Silver out of the doldrums, since it’s made no headway on its own for nearly a month. As before, to get long I’ll suggest using a ‘b-c’ pullback from just above the 32.090 peak-let labeled in the chart. However, the odds for success would improve if the approach to that peak is sufficiently choppy to make a marginal breach of it — say, by a tick or two — look initially like a double top.