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Above 200-DMA To Target $17.316-394....>

SILVER TECHS
SILVER TECHS: Above 200-DMA To Target $17.316-394
*RES 4: $17.316 - High June 14 
*RES 3: $16.890 - Low June 14 now resistance 
*RES 2: $16.674 - 200-DMA 
*RES 1: $16.487 - High June 22
*PRICE: $16.290 @ 0400GMT
*SUP 1: $16.160 - Low June 21
*SUP 2: $16.054 - Bollinger band base
*SUP 3: $16.040 - 2018 Low May 1
*SUP 4: $15.950 - Low Dec 18
*COMMENTARY: Support emerging ahead of the 2018 low last week and daily studies
now looking to correct from O/S is a concern for bears who need a close below
$15.950 to initially target $15.590 Dec lows. The lack of topside follow through
Friday is a concern and leaves bulls needing a close above the 200-DMA to hint
at a move back to $17.316-394 with above $16.890 to confirm.

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