With strong back-to-back rallies on Wednesday and Thursday, the futures made significant progress last week toward the 93.995 target shown. Although we were able to get long in Gold using a similar pattern, July Silver’s recent dip did not quite reach the green line (x=69.744) to signal a ‘mechanical’ buy. It left the station without us, but that only shortened the odds of a move-to-target. A relapse to the green line (x=4382.40), however unlikely, can be used to get long using a 4128.00 stop-loss.
$SIN26 – July Silver (Last:80.865)
Posted on May 10, 2026, 5:14 pm EDT
Last Updated May 8, 2026, 10:39 pm EDT