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Choppy Trading Around $15 *RES 4:......>

SILVER TECHS
SILVER TECHS: Choppy Trading Around $15
*RES 4: $15.825 - High Feb 27 
*RES 3: $15.640 - High Mar 21 
*RES 2: $15.343/306 - High Apr 9/55-dma 
*RES 1: $15.110 - High Apr 26 
*PRICE: $15.051 @ 06:15 GMT Apr 30 
*SUP 1: $14.754 - Low Apr 23 
*SUP 2: $14.692 - Channel support from March 8 low 
*SUP 3: $14.444 - 76.4% retracement of Nov-Feb rally 
*SUP 4: $13.897 - Low Nov 14 
Silver continues to trade either side of the $15 level with Friday's break above
downtrend resistance failing to sustain. A break above Friday's high at $15.110
is needed to improve the outlook and target the April 9 high/55-dma at
$15.343/306 ahead of the March 21 high at $15.640. Bears continue to target
Tuesday's low at $14.745. Below here opens channel support at $14.692 ahead of
the 76.4% retracement of the Nov-Feb rally at $14.44.

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