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Bears Need Close Below $17.030 *RES....>

SILVER TECHS: Bears Need Close Below $17.030
*RES 4: $17.696 - 2018 High Jan 25 
*RES 3: $17.394 - Monthly High Feb 1 
*RES 2: $17.335 - 100-WMA 
*RES 1: $17.119 - Hourly resistance Apr 23
*PRICE: $17.072 @ 0430GMT
*SUP 1: $17.030 - Alternating daily support/resistance
*SUP 2: $16.867 - High Apr 11 now support
*SUP 3: $16.690 - Low Apr 18
*SUP 4: $16.530 - Low Apr 16
*COMMENTARY: Hesitation around the 100-WMA has taken its toll with pressure
returning to $17.030. Bears continue to look for a close below $17.030 to gain
breathing room and below $16.867 to shift initial focus back to $16.530. While
$17.030 supports bulls target a test of 2018 highs with a weekly close above the
100-WMA to add support to their case. The Bollinger band top $17.182 and
correcting O/Bs studies remain key concern for bulls.

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