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200/100-DMAs limits upside *RES 4:.....>

SILVER TECHS
SILVER TECHS: 200/100-DMAs limits upside
*RES 4: $15.640 - High March 21
*RES 3: $15.343 - High April 9
*RES 2: $15.150/154 - 100-dma/High Jun 7
*RES 1: $15.097 High Jun 18
*PRICE: $14.975 @ 07:56 BST Jun 19
*SUP 1: $14.743 - Low Jun 13
*SUP 2: $14.649 - N/T Pivot Point
*SUP 3: $14.444 - 76.4% retracement of $13.897-16.216
*SUP 4: $14.294 - Low May 28
The medium-term resistance for Silver remains at the 100-dma. After a false
break of the 200-dma last week, the reversal lower has since been faded and
bulls attempted to pull back up to the 200-dma yesterday. With the exception of
7 June, silver has failed to close above the 200-dma since April, suggesting a
lack of bullish sustainability. A break below $14.743 would trigger a renewed
bearish signal.

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