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200-DMA Resistance Key Today *RES 4:...>

SILVER TECHS
SILVER TECHS: 200-DMA Resistance Key Today
*RES 4: $17.324 - 100-WMA 
*RES 3: $17.119 - Hourly resistance Apr 23 
*RES 2: $17.020 - Low Apr 20 now resistance 
*RES 1: $16.793 - 200-DMA
*PRICE: $16.706 @ 0430GMT
*SUP 1: $16.553 - Hourly resistance May 10 now support
*SUP 2: $16.330 - Low May 8
*SUP 3: $16.200 - Hourly resistance May 1 now support
*SUP 4: $16.040 - 2018 Low May 1
*COMMENTARY: Pressure has returned to the 200-DMA with bulls needing a close
above to shift focus back to $17.020-394 where Apr highs and the 100-WMA are
noted. Daily studies correcting from O/S are the key concern for bears. Bears
now look for a close below $16.553 to ease pressure on the 200-DMA and below
$16.330 to pressure 2018 lows.

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