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$14.50 Now Acts As Resistance *RES....>

SILVER TECHS
SILVER TECHS: $14.50 Now Acts As Resistance 
*RES 4: $15.554 - High Aug 3 
*RES 3: $15.001 - High Aug 28 
*RES 2: $14.700 - 55-dma 
*RES 1: $14.500 - Pivot area 
*PRICE: $14.419 @ 06:05 GMT 
*SUP 1: $14.269 - Low Oct 8 
*SUP 2: $14.180 - Low Sep 27 
*SUP 3: $13.942 - Low Sep 11 
*SUP 4: $13.648 - Low Dec 15 2015 
Silver broke back below the $14.50 pivot area yesterday which now acts as
resistance, while yesterday's low at $14.267 acts as support. The outlook is
neutral for now but a break back above $14.50 would give bulls the slight edge
allowing them to target the 55-dma at $14.700. Bears look to break below
yesterday's lows to open the Sep 27 low at $14.180 and the cycle low at $13.942
seen on Sep 11. 

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