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SILVER TECHS: Consolidating
*RES 4: $16.157 - 61.8% retracement of the Feb 24 - Mar 18 decline
*RES 3: $15.988 - High Apr 10 and bull trigger
*RES 2: $15.844 - High Apr 14
*RES 1: $15.658 - High May 13
*PRICE: $15.506 @ 06:58 BST May 14
*SUP 1: $15.226 - Low May 8
*SUP 2: $14.650 - Low Apr 30
*SUP 3: $14.547 - Low Apr 21 and key S/T support
*SUP 4: $14.245 - Low Apr 6
Silver is consolidating and holding onto recent gains. A bullish theme remains
intact. On Apr 21, price bounced off $14.547, Apr 21 low. The recovery marked an
early indication that the corrective pullback between Apr 10 - 21 was over.
While $14.547 holds, attention is on a climb towards key resistance at $15.988,
Apr 10 high. A break would confirm a resumption of the uptrend. Sub $14.547
levels would instead be bearish.

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