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Channel Support Still Holding *RES.....>

SILVER TECHS
SILVER TECHS: Channel Support Still Holding
*RES 4: $18.671 - High Feb 25
*RES 3: $18.382 - High Jun 1 and the bull trigger
*RES 2: $18.185 - High Jun 10
*RES 1: $17.754 - High Jun 12
*PRICE: $17.434 @ 06:51 BST Jun 17
*SUP 1: $17.213/16.955 - Channel support drawn off the Mar 18 low/ Low Jun 15
*SUP 2: $16.735 - Low May 22 and a key support
*SUP 3: $16.694 - 50-day EMA
*SUP 4: $15.988 - High Apr 10
Although still trading below recent highs, Silver remains in an uptrend.
Attention is on the bull channel base drawn off the Mar 18 low. The channel base
intersects at $17.213 today and despite a brief probe Monday, remains intact. A
break however would undermine the uptrend and signal scope for a deeper
pullback. For now, the uptrend remains in place. A break of $18.185 would signal
a resumption of bullish activity and target $18.382, Jun 1 high.

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