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21-DMA Acts As Resistance *RES 4:......>

SILVER TECHS
SILVER TECHS: 21-DMA Acts As Resistance
*RES 4: $17.704 - High Jan 25, 2018 
*RES 3: $17.320 - High Jun 14 
*RES 2: $16.106 - High Jan 30, down trendline resistance from 2016 high 
*RES 1: $15.675 - 21-dma
*PRICE: $15.580 @ 02:08 GMT Feb 15 
*SUP 1: $15.492 - Low Feb 14 
*SUP 2: $15.225 - 200-dma 
*SUP 3: $15.184 - Low Jan 22 
*SUP 4: $15.001 - High Aug 28 
Silver was unable to recover its 21-dma yesterday despite a close attempt, which
keeps the focus on the downside and on yesterday's low at $15.492. Below here
would give bears an opportunity to target the 200-dma at $15.225, below which
would shift the outlook negative. Bulls need to recover the 21dma to regain the
upper hand and return the focus to the $16.106 Jan 30 high as well as downtrend
resistance from the 2016 high.

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