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$16.804-17.030 Resistance Region Key...>

SILVER TECHS
SILVER TECHS: $16.804-17.030 Resistance Region Key
*RES 4: $17.030 - Low Jan 31 now resistance
*RES 3: $16.804 - High Mar 27
*RES 2: $16.748 - 200-DMA 
*RES 1: $16.679 - High Apr 2
*PRICE: $16.550 @ 0400GMT
*SUP 1: $16.395 - Low Apr 10
*SUP 2: $16.310 - Low Apr 9
*SUP 3: $16.177 - Low Apr 5
*SUP 4: $16.100 - 2018 Low Mar 20
*COMMENTARY: Pressure continues to return to key DMAs with bulls noting the
$16.804-17.030 resistance region as key. Bulls need a close above $16.804 to
confirm breaks of key DMAs and above $17.030 to confirm a return in focus to
tests of 2018 highs ($17.696). Layers of support are accumulating and adding to
bullish confidence. Bears now look for a close below Tuesday's low to ease
renewed bullish pressure.

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