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Corrective Pullback *RES 4: $16.157....>

SILVER TECHS
SILVER TECHS: Corrective Pullback
*RES 4: $16.157 - 61.8% retracement of the Feb 24 - Mar 18 decline
*RES 3: $16.000 - Round number resistance
*RES 2: $15.988 - High Apr 10 and bull trigger
*RES 1: $15.599 - High Apr 16
*PRICE: $14.820 @ 07:16 BST Apr 22
*SUP 1: $14.547 - Low Apr 21
*SUP 2: $14.245 - Low Apr 6
*SUP 3: $14.000 - Round number support
*SUP 4: $13.815 - 50.0% retracement of the rally between Mar 18 - Apr 10
Silver traded lower yesterday and appears vulnerable for now as a corrective
tone unfolds. The move through former support at $14.872, Apr 8 low suggests
scope for a deeper pullback initially towards $14.245, Apr 6 low and $13.815,
50.0% retracement of the rally between Mar 18 - Apr 10. On the upside, initial
resistance is seen at $15.440, Apr 20 high ahead of the key resistance at
$15.988, Apr 10 high.

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