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SILVER TECHS: 21-DMA Gives Way
*RES 4: $15.610 - High July 31
*RES 3: $15.554 - High Aug 3
*RES 2: $15.001 - High Aug 28
*RES 1: $14.400 - Low Sep 3, now resistance
*PRICE: $14.397 @ 05:37 GMT
*SUP 1: $14.365 - 21-DMA
*SUP 2: $13.942 - Low Sep 11
*SUP 3: $13.648 - Low Dec 15 2015
*SUP 4: $11.750 - Low Apr 21 2009
With the 21-dma giving way bulls are back in control in the short term as they
look to close the week above resistance at $14.40. A break above here would open
up the $15.001 level at the Aug 28 high. Bears need to regain to prevent a
close above $14.40 and reclaim the 21-dma to return the focus to the downside.