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Back Below $16 *RES 4: $18.218 -.......>

SILVER TECHS
SILVER TECHS: Back Below $16
*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: $15.938 @ 06:11 GMT Feb 1 
*SUP 1: $15.875 - High Jan 4, now support 
*SUP 2: $15.184 - Low Jan 22 
*SUP 3: $15.001 - High Aug 28 
*SUP 4: $14.494 - Low Dec 14 
Silver has seen a retracement back below the $16 level which now brings the Jan
4 high support level into play at $14.587. A break below here would ignite
bearish reversal potential triggering a run at the Jan 22 low at $15.184. Bulls
continue to target $16.106 which marks Wednesday's high as well as downtrend
resistance from the 2016 high. A close above here would be highly bullish,
improving the bigger picture trend and opening the June 14 high at $14.320.

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