Silver has yet to confirm gold’s breakout last week above a key Hidden Pivot target at 1907.10, but this feat will be hard to avoid, given the power of gold’s decisive move through heavy supply and close above it. We’ll let the chart continue to tell the story in any event, but an eventual, decisive move through D=24.95 would put the March contract on course for a presumptive test of last spring’s dual peaks at, respectively, 26.86 (April 18) and 27.15 (March 8).
SIH23 – March Silver (Last:24.37)