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SILVER TECHS: Consolidation Below Pivot
*RES 4: $15.640 - High March 21
*RES 3: $15.188 - 100-dma
*RES 2: $15.154 - High Jun 7
*SUP 1: $14.957 - N/T Pivot Point
*PRICE: $14.724 @ 06:15 GMT Jun 10
*SUP 1: $14.542 - Former Channel Resistance
*SUP 2: $14.444 - 76.4% retracement of $13.8970-16.216
*SUP 3: $14.294 - Low May 28
*SUP 4: $14.185 - Trendline Support From Jan Low
Silver made fresh daily lows during Monday's NY session, holding below the near
term pivot point after the breach in Asia-Pacific trade. Bears continue to look
to old channel resistance at $14.542. Bulls aim to quickly regain the
aforementioned pivot point at $14.957, which would allow them to focus on a
break back above $15.00.