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Bearish Break Of Falling Wedge *RES...>

SILVER TECHS
SILVER TECHS: Bearish Break Of Falling Wedge 
*RES 4: $15.825 - High Feb 28 
*RES 3: $15.640 - High Mar 21 
*RES 2: $15.343/359 - High Apr 9/55-dma 
*RES 1: $15.090 - Down trendline resistance 
*PRICE: $14.829 @ 06:18 GMT Apr 24 
*SUP 1: $14.754 - Low Apr 22
*SUP 3: $14.640 - Channel support 
*SUP 4: $14.444 - 76.4% retracement of Nov-Feb rally
*SUP 4: $13.897 - Low Nov 14 
Silver broke to the downside out of its falling wedge formation shifting the
outlook decidedly negative and opening channel support at $14.640. Below here
would bring the 76.4% retracement of the Nov-Feb rally into focus at $14.44
ahead of the Nov 14 low. Bulls need to recover $15.090 to break above the
falling wedge. Above here would target the April 9 high/55-dma at $15.343/359
ahead of the March 21 high at $15.640.

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