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Bulls Need Close Above $17.541 *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above $17.541
*RES 4: $17.541 - Low Sept 14 now resistance 
*RES 3: $17.463 - Monthly High Oct 16 
*RES 2: $17.363 - Bollinger band top
*RES 1: $17.289 - High Oct 19
*PRICE: $17.130 @ 0400GMT
*SUP 1: $17.027 - Alternating hourly support/resistance
*SUP 2: $16.778 - Low Nov 3
*SUP 3: $16.678 - Bollinger band base
*SUP 4: $16.636 - Low Oct 31
*COMMENTARY: Sideways trading continues for silver with pressure having returned
to layers of resistance $17.289-541. Bulls now need a close above $17.541 to
sift focus to $17.989-18.212 where Sept highs are located. Daily studies have
room to move before O/B becomes an issue. Bears now look for a close below
$17.027 to shift focus back to $16.583-778.

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