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$16.804-17.030 Resistance Region Key...>

SILVER TECHS: $16.804-17.030 Resistance Region Key
*RES 4: $16.751 - 200-DMA
*RES 3: $16.638 - 100-DMA
*RES 2: $16.533 - High Apr 4
*RES 1: $16.386 - Hourly resistance Apr 4
*PRICE: $16.290 @ 0430GMT
*SUP 1: $16.200 - Low Mar 29
*SUP 2: $16.100 - 2018 Low Mar 20
*SUP 3: $16.007 - Low Dec 18
*SUP 4: $15.612 - Monthly Low Dec 13
*COMMENTARY: Spikes above DMAs clustered $16.636-751 lacked follow through with
bulls still needing a close above $17.030 to end bearish hopes and shift focus
to tests of 2018 highs. Failures around the DMAs have left silver looking
offered once more with bears focused on 2018 lows while $16.804 caps. Bears now
look for a close below 2018 lows to reconfirm a bearish bias and target the
daily bear channel base around $15.394 today.

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