More slippage to at least D=22.04 looks unavoidable, given the way sellers obliterated the midpoint support (p) early Friday morning. This Hidden Pivot lies close enough to a cluster of obvious lows recorded in mid-October near 21. They look incapable of arresting silver’s fall for long, implying a further fall to October lows near 21 in search of traction. There’s a Hidden Pivot support at 21.69 you can use for purposes of precise bottom-fishing (daily, A-23.24 on 10/20). _______ UPDATE Nov 14, 8:07 p.m.): The futures trampolined higher after briefly dipping below the 22.04 Hidden Pivot noted above. Now, if they can shove past p=23.44 of this pattern, they should be presumed bound for D=24.95.
SIZ23 – December Silver (Last:23.17)
