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Focus Back On $17.169-463 *RES 4:......>

SILVER TECHS
SILVER TECHS: Focus Back On $17.169-463
*RES 4: $17.463 - High Oct 16 
*RES 3: $17.305 - Hourly support Oct 17 now resistance 
*RES 2: $17.170 - 55-DMA 
*RES 1: $17.169 - 200-DMA
*PRICE: $17.131 @ 0330GMT
*SUP 1: $17.027 - Hourly support Oct 23
*SUP 2: $16.844 - 100-DMA
*SUP 3: $16.743 - High Oct 5 now support
*SUP 4: $16.328 - Low Oct 6
*COMMENTARY: The correction lower from $17.463 looks to be in trouble with
silver failing to trouble the key $16.743 support having again bounced from
around the 100-DMA. Layers of resistance remain $17.169-463. Bulls need a close
above the 55-DMA to gain breathing room and above $17.463 to open up for a move
that then targets $18.208 Sept highs. Daily studies correcting from modestly O/B
levels are the key concern for bulls.

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