Technically speaking, silver’s vital signs look somewhat more promising than gold’s at the moment, but it will still take a ‘booster’ rally of at least 1.50 to end the dominance of bears that has obtained since late August. Assuming last week’s 21.225 low survives, that would imply a print at 22.729. That number can be used as an entry trigger, but the actual trade should be done camouflage-style on a chart of three-minute degree or less. ______ UPDATE (September 30): Six straight days of asphyxiating tedium have not altered my outlook.
