Although I expect May Silver to rally to 117.485 (daily, a=69.850 on dec 31, 2025) eventually, it looks like it will need to correct down to 69.245 first. That’s the ‘d’ target of the rABC pattern shown, and the forecast of a further retracement is based on sellers’ decisive penetration of the midpoint Hidden Pivot support (p=83.273) on the way down early last week. If the futures rally first to the green line (x=90.286), that would trigger a ‘mechanical’ short with a 97.305 stop-loss (just above the point ‘c’ high). That’ implies about $35,000 of initial risk per contract, so the trade is recommended only for subscribers who can cut it down to no more than $750 theoretical with a ‘camouflage’ trigger.
SIK26 – May Silver (Last:84.311)