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Bulls Need Close Above 100-DMA *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above 100-DMA
*RES 4: $17.030 - Alternating daily support/resistance 
*RES 3: $16.867 - Alternating daily support/resistance 
*RES 2: $16.794 - 200-DMA 
*RES 1: $16.624 - 100-DMA
*PRICE: $16.508 @ 0430GMT
*SUP 1: $16.395 - Low Apr 10
*SUP 2: $16.310 - Low Apr 9
*SUP 3: $16.177 - Low Apr 5
*SUP 4: $16.100 - 2018 Low Mar 20
*COMMENTARY: The correction lower from failed attempts to gain traction above
the 100-WMA ($17.329) has seen focus return to 2018 lows with a close below to
then target $15.612 Dec lows. Daily studies remain well placed for losses. Bulls
now look for a close above the 100-DMA to ease bearish pressure and above
$16.867 to shift initial focus to $17.119 and overall focus back to $17.329-696
where the 100-WMA is noted.

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