The 53.05 target shown is the highest that can be projected for Silver on a long-term chart. It is unlikely to work precisely, since the chart is a blend of different contract months, and because the pattern itself will be too obvious to too many. Even so, the target is sufficiently compelling to suggest the Comex price will either top somewhere near there, or stall on the way to still greater heights. We can use 53.05 as a minimum objective in any event, since that stab through p2, the secondary pivot, left little doubt about the feistiness of silver bulls. ______ UPDATE (Oct 3): Assuming today’s top at 48.325 endures for a day or two, try bottom-fishing with a tightly stopped bid at 47.175, a minor midpoint Hidden Pivot support.  An easy breach would portend more slippage to as low as 46.025. ________ UPDATE (Oct 6, 12:08 p.m. EDT): The pullback got no lower than 47.685 before silver took off again. The closest Hidden Pivot ‘D target you can use for a minimum objective for the next couple of days is 49.835.