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Bullish Conditions Hold *RES 4:........>

SILVER TECHS
SILVER TECHS: Bullish Conditions Hold
*RES 4: $18.893 - 1.00 projection of Mar 18 - Apr 10 rally from Apr 21 low
*RES 3: $18.211 - Feb 26 high
*RES 2: $17.868 - High Feb 28
*RES 1: $17.625 - High May 20
*PRICE: $17.177 @ 06:43 BST May 21
*SUP 1: $16.966 - Low May 19
*SUP 2: $16.530 - Former range base
*SUP 3: $15.788 - Low May 15
*SUP 4: $15.705 - 20-day EMA
Silver maintains a bullish tone following recent gains and the break of former
key resistance at $15.988, Apr 10 high. The metal also moved above the $16.530
resistance in a convincing manner further reinforcing the bullish cycle. $16.530
marked the base of a former range that had contained price activity between Sep
2019 and Mar. The focus is on a climb towards $17.868 next, Feb 28 high. Initial
firm support lies at $16.530.

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