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Bullish Theme Remains Intact *RES 4:...>

SILVER TECHS
SILVER TECHS: Bullish Theme Remains Intact
*RES 4: $19.602 - High Sep 5
*RES 3: $19.000 - Psychological round number
*RES 2: $18.743 - High Sep 24
*RES 1: $18.508 - Intraday high
*PRICE: $18.341 @ 07:34 GMT Jan 6
*SUP 1: $18.045 - Intraday low
*SUP 2: $17.729 - Low Dec 26
*SUP 3: $17.428 - Former channel top drawn off the Sep 24 high
*SUP 4: $17.173 - Low Dec 23
Silver is bullish. On Dec 24, the metal cleared channel resistance drawn off the
Sep 24 low, extending the current rally that started off the Dec 9 low. The
clear break of the channel top represents an important technical breach and
signaled scope for a stronger bullish move that has so far been delivered.
$18.334 has also been cleared, Oct 25 high. The break opens $18.743, Sep 24
high. Initial firm support is seen at $17.729, Dec 26 low.

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