SIZ25 – December Silver (Last:50.240)

I’ve shifted to a bigger picture that aligns with gold’s, where indecision rules. Bulls have been stymied so far by a midpoint Hidden Pivot at 49.043 that precisely contained the last big bounce.  Now, they’ve got a running start to attempt once again to smash through. A success would put d=52.575 in play.  There’s little point in trying to predict the outcome, but if the futures pop through p and then return to the green line (x=47.276), we should be prepared to bottom-fish there aggressively with a small-pattern trigger. Alternatively, a breach of C=45.510 would be bearish, although not necessarily fatal. ______ UPDATE (Nov 10, 1:14 p.m. EST): The futures have broken out today, impaling p=49.043 with sufficient brio to get them to d=52.575 eventually. Be careful up there, since this Hidden Pivot resistance does not look like it will surrender quietly.  There are significantly higher targets outstanding, so stay tuned for Sunday’s updates.