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Bulls Need Close Above $17.315 *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above $17.315
*RES 4: $17.963 - High Sept 13
*RES 3: $17.696 - 2018 High Jan 25
*RES 2: $17.547 - High Jan 26
*RES 1: $17.315 - High Jan 30
*PRICE: $17.140 @ 0430GMT
*SUP 1: $17.030 - Hourly support Jan 31
*SUP 2: $16.830 - 200-DMA
*SUP 3: $16.736 - 55-DMA
*SUP 4: $16.599 - Low Dec 28
*COMMENTARY: Fresh 2018 & 4mth highs lacked follow through Thursday with the
correction flirting with the 21-DMA ($17.144). Bears now look for a close below
$17.030 to confirm a break of the 21-DMA, easing bullish pressure and below
$16.599 to confirm a break of the 55-DMA and shift overall focus back to $15.570
Dec lows. Bulls need a close above $17.315 to gain breathing room and return
focus to $17.696.

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