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55-DMA Resistance Intact *RES 4:.......>

SILVER TECHS: 55-DMA Resistance Intact
*RES 4: $15.610 - High July 31 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.754 - 55-dma 
*PRICE: $14.617 @ 06:25 GMT 
*SUP 1: $14.500 - Pivot area 
*SUP 2: $14.180 - Low Sep 27 
*SUP 3: $13.942 - Low Sep 11 
*SUP 4: $13.648 - Low Dec 15 2015 
Silver failed to break back above its 55-dma at $14.754 yesterday which returns
the focus back to the $14.50 pivot area. a break back below here would return
the outlook bearish and open the Sep 27 low at $14.180 and the cycle low of
$13.942. Bulls need to overcome the 55-dma to target the Aug 28 high at $15.001,
above which would open the Aug 3 high at $15.554 and suggest a bullish reversal
is in play.

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