Silver has fallen Sunday evening to the 22.11 secondary Hidden Pivot of the pattern shown (inset), but the weak bounce so far implies that if and when the support gives way, the selloff will continue down to at least D=21.165. The pattern is a little too obvious for high-odds bottom-fishing , but it will still make it difficult for December Silver to take another leg down without an upward correction first from D. Accordingly, I”ll recommend a ‘camouflage’ set-up on the 5-minute chart or less to get long, using an ‘a-b leg’ small enough to limit theoretical entry risk to no more than $750 per contract. Nudge me in the chat room when appropriate if you are looking for further guidance in real time.
SIZ21 – December Silver (Last:22.59)