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Bulls Need Close Above $17.030 *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above $17.030
*RES 4: $17.321 - 100-WMA
*RES 3: $17.030 - Low Jan 31 now resistance 
*RES 2: $16.837 - 55-WMA 
*RES 1: $16.692 - High Apr 12
*PRICE: $16.520 @ 0430GMT
*SUP 1: $16.438 - 21-DMA
*SUP 2: $16.395 - Low Apr 10
*SUP 3: $16.310 - Low Apr 9
*SUP 4: $16.177 - Low Apr 5
*COMMENTARY: The sequence of higher daily lows and highs has come to an end
after the lack of topside follow through Wednesday. Bulls look for a close above
$17.030 to confirm a break of the 55-WMA and to shift overall focus back to 2018
highs although the 100-WMA may slow the move. Bears now look for a close below
$16.395 to shift initial focus back to tests of 2018 lows ($16.100).

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