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Bullish Focus Intact *RES 4: $16.395...>

SILVER TECHS
SILVER TECHS: Bullish Focus Intact
*RES 4: $16.395 - Low Feb 28
*RES 3: $16.157 - 61.8% retracement of the Feb 24 - Mar 18 decline
*RES 2: $16.000 - Round number resistance
*RES 1: $15.988 - High Apr 10
*PRICE: $15.669 @ 07:08 BST Apr 15
*SUP 1: $15.143 - Low Apr 13
*SUP 2: $14.872 - Low Apr 8
*SUP 3: $14.728 - High Mar 25 and former breakout level
*SUP 4: $14.245 - Low Apr 6
Silver is unchanged and remains constructive. The metal rallied last week
clearing resistance at $14.728, Mar 25 high. The break confirmed a resumption of
the uptrend that has been in place since bouncing off the Mar 18 low of $11.642.
The focus is on $16.000 next and $16.157, 61.8% retracement of the Feb 24 - Mar
18 decline. There is potential too for a test of $16.395, the Feb 28 low and the
area marking the base of a former broad range. Support is at $15.143.

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