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Bullish conditions intact *RES 4:......>

SILVER TECHS
SILVER TECHS: Bullish conditions intact
*RES 4: $15.967 - High Feb 27
*RES 3: $15.765 - 76.4% retracement of the Feb 20-May 28 low
*RES 2: $15.640 - High March 21
*RES 1: $15.567 - Intraday high
*PRICE: $15.363 @ 07:26 BST Jun 21
*SUP 1: $15.126 - Low Jun 20
*SUP 2: $14.920 - Low Jun 19
*SUP 3: $14.896 - 50D EMA
*SUP 4: $14.775 - Low Jun 17
Silver has extended gains overnight although selling pressure did develop off
the highs. The outlook remains promising for bulls though with momentum studies
pointing north. Furthermore, the break this week of former resistance at 15.160,
the Jun 7 confirmed a resumption of the uptrend. The 61.8% retracement of the
Feb 20-May 28 decline at $15.483 has been breached and potential is for a climb
to $15.765, the 76.4% retracement level.

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