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Bulls Need Close Above $16.862 *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above $16.862
*RES 4: $17.305 - Hourly support Oct 17 now resistance 
*RES 3: $17.164 - 200-DMA 
*RES 2: $17.075 - Hourly resistance Oct 24 
*RES 1: $16.862 - High Oct 27
*PRICE: $16.770 @ 0410GMT
*SUP 1: $16.583 - Low Oct 27
*SUP 2: $16.468 - Bollinger band base
*SUP 3: $16.328 - Low Oct 6
*SUP 4: $16.125 - Low Aug 7
*COMMENTARY: The lack of follow through on Friday's low is less than ideal for
bears who are currently focused on tests of $16.125-328 where Oct lows so far
are found. Bears need a close below $16.125 to shift focus back to 2017 lows
($14.86). Bulls now look for a close above $16.862 to ease immediate bearish
pressure and above $17.305 to hint at a move back to $18.208 Sept highs.

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