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Choppy, but remains bullish *RES 4:....>

SILVER TECHS
SILVER TECHS: Choppy, but remains bullish
*RES 4: $18.218 - High Sep 8 2017
*RES 3: $18.000 - Psychological round number
*RES 2: $17.704 - High Jan 25 2018
*RES 1: $17.512 - High Aug 13
*PRICE: $17.185 @ 07:31 BST Aug 15
*SUP 1: $16.390/540 - Trendline support drawn off Jul 12 low / Low Aug 13
*SUP 2: $16.121 - Low Aug 5
*SUP 3: $15.920 - Low Aug 1 and key support
*SUP 4: $15.568 - High Jun 21
Silver continues to trade in a volatile manner following sharp swings in price
action this week. The underlying bullish outlook remains intact though following
recent fresh trend highs. Furthermore, the price sequence of higher highs and
higher lows is still intact. The focus is on $17.704, the Jan 25, 2018 high.
Initial resistance and the bull trigger for a resumption of the uptrend is at
Tuesday's high of $17.512. Support lies at $16.540.

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