Much as I’d like to give Gold the benefit of the doubt, Silver’s charts are so heavy right now that we should brace for more weakness in this vehicle. In Hidden Pivot terms, June Gold has little going for it at the moment, since none of the rallies on the hourly chart are generating impulse legs.  That’s why we focused on the trendline from the March 1 high: It showed more promise.  But even though buyers have managed to push above it, their energy appears to be flagging, and the line could soon become resistance again. Alternatively, a print today exceeding 1660.90 would turn the lesser charts short-term bullish. The significance of this number is shown in the inset.  _______ UPDATE (4:57 a.m. EDT): A correction target at 1637.40 has come into focus as the futures have ratcheted lower overnight. On the 15m chart, the coordinates are A=1672.30 (5/1 at 9 a.m.); B=1649.10 and C=1660.60. The sausage-y ‘B’ cries out for the one-off ‘A’ at 1670.70, but in the end I broke some rules to use three razor-sharp single-bar coordinates, and because of the fraternal resemblance between k-A and B-C.  Bottom line:  Aggressive bottom fishing is warranted — tightly stopped or via camouflage — if the futures closely approach 1637.40. _______ FURTHER UPDATE (12:30 p.m.):  The 1637.40 pivot evinced no support whatsoever on first contact, telegraphing the further weakness that has followed.  Regarding camo entry opportunities, even on the one-minute chart there were none until 1636.10 was tripped at 10:33 a.m. That was after the futures had traded down to 1632.70, however, reducing the value of the entry signal.  In the chat room, a subscriber who apparently initiated the long in the wee hours with a straight buy order reported getting stopped out at 1638.80 for a small gain.  This required a very adroit execution and great reflexes, however. The more likely outcome for most traders using a fixed bid rather than camouflage would have been a small loss. Rather be a trader than a lurker? Click here to learn how.