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Bears Need A Close Below $14.50 *RES.....>

GOLD TECHS
GOLD TECHS: Bears Need A Close Below $14.50
*RES 4: $15.610 - High July 31 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.721 - 55-dma 
*PRICE: $14.500 @ 05:43 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 is currently testing support at the $14.50 pivot area and a close below
this level would give bears the upper hand to target the Sep 27 low at $14.180
and the cycle low of $13.942. Bulls need to overcome the 55-dma currently at
$14.721 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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