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Bulls Hold On *RES 4: $24.642 -........>

*RES 4: $24.642 - 2.236 projection of Mar 18 - Apr 10 rally from Apr 21 low
*RES 3: $24.000 - Round number resistance
*RES 2: $23.239 - 2.000 projection of Mar 18 - Apr 10 rally from Apr 21 low
*RES 1: $23.274 - High Jul 23
*PRICE: $22.532 @ 07:04 BST Jul 24
*SUP 1: $21.283 - Low Jul 22
*SUP 2: $19.851 - Low Jul 21
*SUP 3: $19.609 - 20-day EMA
*SUP 4: $18.932 - Low Jul 17
Silver bulls remain firmly in charge. The metal has this week cleared the 2019
high of $19.650 confirming a resumption of the underlying bull trend, and also
maintains the strong positive price sequence of higher highs and higher lows. MA
and momentum studies are in a bull mode reinforcing underlying conditions
although note that the trend is overbought. The focus is on $24.000 next.
Wednesday's low of $21.283 marks initial support.

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