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Back above $18.00 *RES 4: $19.747 -....>

SILVER TECHS
SILVER TECHS: Back above $18.00
*RES 4: $19.747 - High week ending Sep 30, 2016
*RES 3: $19.653 - High Sep 4 and key resistance
*RES 2: $18.803 - High Sep 5
*RES 1: $18.313 - High Sep 9
*PRICE: $18.149 @ 06:37 BST Sep 12
*SUP 1: $17.778 - Low Sep 10
*SUP 2: $17.777 - Trendline support drawn off the Jul 12 low
*SUP 3: $17.512 - High Aug 13
*SUP 4: $16.983 - Low Aug 23
Silver has achieved a low of $17.778 just ahead of trendline support drawn off
the Jul 12 low. The trendline intersects at $17.777 today. Thus far, the metal
is finding support with the trendline intact. Tuesday's price action in Japanese
candle terms is a doji and is a sign that downside momentum may be weakening. A
strong recovery into the $18.00 zone would represent a bullish signal. A break
of the trendline is required to confirm the next leg lower.

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