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$16.743 Support Remains Key *RES 4:....>

SILVER TECHS
SILVER TECHS: $16.743 Support Remains Key
*RES 4: $17.463 - High Oct 16 
*RES 3: $17.305 - Hourly support Oct 17 now resistance 
*RES 2: $17.167 - 200-DMA 
*RES 1: $17.075 - Hourly resistance Oct 24
*PRICE: $16.960 @ 0330GMT
*SUP 1: $16.831 - 100-DMA
*SUP 2: $16.743 - High Oct 5 now support
*SUP 3: $16.328 - Low Oct 6
*SUP 4: $16.125 - Low Aug 7
*COMMENTARY: The failure to break back above 55 & 200-DMAs left silver looking
heavy but follow through below the 100-DMA is still lacking. Bears need a close
below $16.743 to confirm a break and shift immediate focus to $16.328 and below
this level to hint at a move to 2017 lows. Bulls need a close above $17.305 to
confirm breaks of key DMAs and the bear channel top ($17.239) and above $17.621
to target Sept highs.

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