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Bulls Need Close Above 200-DMA *RES....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above 200-DMA
*RES 4: $17.098 - 200-DMA
*RES 3: $17.042 - 100-DMA 
*RES 2: $16.942 - Bollinger band top
*RES 1: $16.902 - High June 29
*PRICE: $16.810 @ 0430GMT
*SUP 1: $16.655 - 55-DMA
*SUP 2: $16.595 - Hourly resistance July 28 now support
*SUP 3: $16.480 - Low July 28
*SUP 4: $16.265 - Low July 25
*COMMENTARY: Bulls take comfort in a close above the 55-DMA with pressure firmly
on the $16.902-17.098 region where 100 & 200-DMAs are located. Bulls need a
close above the 200-DMA to confirm a bullish bias and initially target $17.750
June highs. The $16.480 support is key this week with bears needing a close
below to ease bullish pressure and shift focus back to $15.940-16.265 where the
21-DMA is located.

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