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SILVER TECHS: Downtrend Intact
*RES 4: $15.671 - High July 26
*RES 3: $15.610 - High July 31
*RES 2: $15.554 - High Aug 3
*RES 1: $14.436 - 21-DMA
*PRICE: $14.083 @ 06:34 GMT
*SUP 1: $13.942 - Low Sep 11
*SUP 2: $13.648 - Low Dec 15 2015
*SUP 3: $11.750 - Low Apr 21 2009
*SUP 4: $8.4600 - Low Oct 31 2008
After failing to hold gains above $14.3 late last week, silver has fallen back
to the lower end of its recent range. Bears continue to look to close below the
$13.942/$14.0 level to extend the downtrend back to fresh multi-year lows. A
break above the 21-dma at $14.436 would be needed to shift the outlook positive
and target the Aug 3 high at $15.554.