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

SILVER TECHS
SILVER TECHS: Bulls Need Close Above 200-DMA
*RES 4: $17.464 - High Oct 16 
*RES 3: $17.380 - High Nov 17 
*RES 2: $17.120 - 200-DMA
*RES 1: $17.070 - 55-DMA
*PRICE: $16.940 @ 0430GMT
*SUP 1: $16.838 - Low Nov 20
*SUP 2: $16.778 - Low Nov 3
*SUP 3: $16.674 - Bollinger band base
*SUP 4: $16.636 - Low Oct 31
*COMMENTARY: Last week's gains remained capped ahead of the $17.541 resistance
with silver again looking heavy and focus back on layers of support $16.583-838.
Bears need a close below $16.583 to shift initial focus to $16.125-327. Bulls
now need a close above the 200-DMA to shift focus back to layers of resistance
$17.380-541 and above $17.541 to target $17.989-18.212 where Sept highs are
located.

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