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21-DMA Giving Way *RES 4: $18.218 -....>

SILVER TECHS
SILVER TECHS: 21-DMA Giving Way
*RES 4: $18.218 - High Sep 8 2017 
*RES 3: $17.704 - High Jan 25, 2018 
*RES 2: $17.320 - High Jun 14 
*RES 1: $16.106 - High Jan 30, down trendline resistance from 2016 high 
*PRICE: $15.677 @ 06:16 GMT Feb 8 
*SUP 1: $15.656 - 21-dma 
*SUP 2: $15.248 - 200-dma 
*SUP 3: $15.184 - Low Jan 22 
*SUP 4: $15.001 - High Aug 28 
Silver remains on the back foot as the 21dma threatens to give way just below
current levels. Below here would open the 200-dma at $15.252, below which would
suggest a bearish reversal towards the Jan 22 high at $15.184 and the Aug 28
high at $15.001. Bulls continue to target $16.106 Jan 30 high as well as
downtrend resistance from the 2016 high. A close above here would improve the
bigger picture trend and open the June 14 high at $17.320.

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