May Silver is on a ‘mechanical’ buy signal triggered on March 4, but it has been in no hurry to reach the red line, a midpoint pivot where partial profit-taking would be in order. Although I did not recommend the trade because of its implied $15,000 entry risk, I left the door open to jumping aboard above the ‘official’ entry price using a pattern of lesser degree. So far, nothing appealing has come along. The only reason silver looks more bullish than gold on the chart is because of the three-day skew caused by Reddit/Robinhoodies when they briefly attempted to short-squeeze the futures. Their foolishness brought short-lived exhilaration, but we shouldn’t expect them to try it again any time soon. ______ UPDATE (Mar 24, 11:46 p.m.) May Silver has returned to the green line, tripping a second ‘mechanical’ buy tied to the 34.55 target given here earlier. I don’t trust it, but we can still attempt to get long somewhat lower using a ‘reverse ABC’ pattern like the one shown in this chart. [Note: The ‘D’ target has been corrected Thursday morning to 23.24.] If you’re interested, stay tuned to the chat room for possible guidance in real-time.