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December 11, 2018 06:07 GMT
Bulls Have The Edge *RES 4: $16.055....>
SILVER TECHS
SILVER TECHS: Bulls Have The Edge
*RES 4: $16.055 - Low May 1
*RES 3: $15.494 - 200-dma
*RES 2: $15.001 - High Aug 28
*RES 1: $14.915 - High Nov 2
*PRICE: $14.597 @ 06:08 GMT
*SUP 1: $13.897 - Low Nov 14
*SUP 2: $13.648 - Low Dec 15 2015
*SUP 3: $13.000 - Support
*SUP 4: $12.458 - Low Jul 17, 2009
Silver remains clear of the $14.50 level as bulls look to generate some upside
momentum to target the Nov 2 high at $14.915 ahead of the Aug 28 high. The
potential for a double bottom is growing in part due to the strong rally in
gold. Bears remain focused on the Nov 14 low at $13.897. Below here would allow
a challenge of the Dec 2015 lows at $13.640.
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