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Bullish Despite Pullback *RES 4:.......>

SILVER TECHS
SILVER TECHS: Bullish Despite Pullback
*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 and the bull trigger
*PRICE: $16.945 @ 07:18 BST May 22
*SUP 1: $16.735 - Low May 22
*SUP 2: $16.530 - Former range base
*SUP 3: $15.788 - Low May 15
*SUP 4: $15.705 - 20-day EMA
Silver is off recent highs but despite this maintains a bullish tone. This
follows recent strong gains together with 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 $17.868 next, Feb 28 high. Initial firm support lies at $16.530.

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