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SILVER TECHS: Bulls Look To Remain Clear Of 21-DMA
*RES 4: $18.218 - High Sep 8 2017
*RES 3: $17.704 - High Jan 25, 2018
*RES 2: $17.320 - High Jun 14
*RES 1: $16.106 - High Jan 30, down trendline resistance from 2016 high
*PRICE: $15.751 @ 06:11 GMT Feb11
*SUP 1: $15.670 - 21-dma
*SUP 2: $15.245 - 200-dma
*SUP 3: $15.184 - Low Jan 22
*SUP 4: $15.001 - High Aug 28
Silver managed to hold above its 21-dma last week despite this level being
tested on Wednesday, Thursday, and Friday. However, upside momentum has been
lacking, keeping the focus on the downside. Below $15.670 would shift the
outlook bearish and open the 200-dma at $15.245. Bulls target the $16.106 Jan 30
high as well as downtrend resistance from the 2016 high.