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$16.583 Support Key This Week *RES.....>

SILVER TECHS
SILVER TECHS: $16.583 Support Key This Week
*RES 4: $17.305 - Hourly support Oct 17 now resistance 
*RES 3: $17.237 - High Nov 2 
*RES 2: $17.027 - Alternating hourly support/resistance
*RES 1: $16.879 - Hourly resistance Nov 3
*PRICE: $16.830 @ 0430GMT
*SUP 1: $16.778 - Low Nov 3
*SUP 2: $16.661 - Bollinger band base
*SUP 3: $16.636 - Low Oct 31
*SUP 4: $16.583 - Low Oct 27
*COMMENTARY: Sideways trading continues for silver with bears now needing a
close below $16.583 to shift immediate focus to the $15.940-16.300 support
region. Bulls continue to look for a close above $17.305 to confirm a break of
the 200-DMA ($17.160) and hint at a move back to Sept highs with above $17.464
to confirm.

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