As with the current analysis of gold, I’ve simplified the picture for silver to provide a conclusive forecast with as little noise and as much certitude as possible. The Hidden Pivot pattern is a good one (and masked for proprietary reasons), but I’ve slightly lowered the bar for a major bullish signal. Rather than stipulate that the futures surpass two ‘external’ peaks without a pullback, I’ll flash the all-go if the uptrend merely pierces p=69.21 decisively the same week it first touches it. Once this has occurred, I will alert subscribers to ‘mechanical’ buying opportunities on pullbacks, so stay tuned. I am jumping the gun here, like Fox projecting an election winner with only 15% of the vote counted, but I’m confident the benchmarks I’ve set will give us a reliable, early answer that we can use to avoid dithering and make some hay.
SIU26 – Sep Silver (Last:63.499)