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21-DMA Approaching *RES 4: $15.671....>

SILVER TECHS
SILVER TECHS: 21-DMA Approaching 
*RES 4: $15.671 - High July 26 
*RES 3: $15.610 - High July 31 
*RES 2: $15.554 - High Aug 3 
*RES 1: $14.385 - 21-DMA 
*PRICE: $14.214 @ 06:14 GMT 
*SUP 1: $13.942 - Low Sep 11 
*SUP 2: $13.648 - Low Dec 15 2015 
*SUP 3: $11.750 - Low Apr 21 2009 
*SUP 4: $8.4600 - Low Oct 31 2008 
Silver's narrow trading range looks likely to be tested as the 21-dma comes into
play, currently trending lower at $14.385. A successful break above here would
shift the near-term outlook positive and allow bulls to mount a recovery
attempt, with the next hurdle coming in at the Aug 3 high. Bears continue to
look to close below the $13.942/$14.0 level to extend the downtrend back to
fresh multi-year lows.

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