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Bulls Still in Control *RES 4:.........>

SILVER TECHS
SILVER TECHS: Bulls Still in Control
*RES 4: $20.138 - High Sep 7 2016
*RES 3: $19.650 - High Sep 4
*RES 2: $18.860/913 - High Jan 8/ 76.4% retracement of Sep to Dec decline
*RES 1: $18.458/508 - 61.8% retracement of Sep to Dec decline/ High Jan 6
*PRICE: $18.537 @ 10:13 GMT Feb 20
*SUP 1: $17.887 - High Feb 6 and former key resistance
*SUP 2: $17.606 - Low Jan 23 and former key support
*SUP 3: $17.453 - Low Feb 13
*SUP 4: $17.352 - Low Jan 29 and bear trigger
Silver has moved to its highest level of the year, barring the intraday spike
seen as Iran retaliated to the US killing General Soleimani on Jan 8. Momentum
studies continue to point north and focus is now on the 76.4% retracement of Sep
to Dec decline and the high of Jan 8 at $18.860/913. To the downside, a breach
of former support at the Jan 23 low of $17.606 would turn eyes once again
towards a move south with the bear trigger at $17.352, Jan 29 low.

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