A short squeeze on Silver in the London market has pushed quotes easily past a Hidden Pivot target at 50.955 that had seemed ambitious less than a week ago. This has put the December contract on course for additional gains up to D=55.185 over the near term.  Judging from the way buyers fist-pumped through the midpoint ‘hidden’ resistance at 50.943, they are no worse than an 80% shot to achieve D sometime soon. In the somewhat unlikely event of a felicitous swoon over the next 3-5 days, belated buyers should position themselves with a ‘mechanical’ bid at x=48.820, stop 46.695. ______ UPDATE (Oct 14, 10:35 a.m.): The fresh tout I put out last night at 10:20 p.m. (see above), nailed a quick, easy profit of $10,600 per contract. This graph shows how December Silver swooned overnight to a low at 48.75 that lay within 0.14% of the ‘mechanical’ bid I’d suggested. This means you would have endured no more than $350 of adversity to capture a gain of $10,600 (or an additional $3,300, for a total of $14,200, if you held out for the actual, overnight high at 51.160 that occurred somewhat above the red line). The 55.185 rally target remains valid as a minimum upside objective for the next two weeks.