SIZ22 – December Silver (Last:19.20)

Would a rally like the hypothetical one shown in the chart make you more hopeful? Good. Then let’s set an alert at 21.31 to tell us when it is appropriate to turn optimistic, if not exuberant. In the meantime, Silver can be traded bullishly or bearishly as warranted, since there is still plenty of money to be made if it merely trades sideways. My latest gold tout is more downbeat than that, however, so you should be prepared to see Silver dragged lower.