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Hesitating Around 55 & 200-WMAs *RES...>

SILVER TECHS
SILVER TECHS: Hesitating Around 55 & 200-WMAs
*RES 4: $17.322 - 100-WMA
*RES 3: $17.030 - Low Jan 31 now resistance 
*RES 2: $16.839 - 55-WMA 
*RES 1: $16.826 - 200-WMA
*PRICE: $16.744 @ 0430GMT
*SUP 1: $16.530 - Low Apr 16
*SUP 2: $16.478 - 21-DMA
*SUP 3: $16.395 - Low Apr 10
*SUP 4: $16.310 - Low Apr 9
*COMMENTARY: Bulls take comfort in support having emerged at the 21-DMA but
continue to look for a close above $17.030 to confirm a break of the 55 &
200-WMAs and to shift overall focus back to 2018 highs. In saying that, the
100-WMA may slow the move. Bears look for a close below $16.395 to confirm a
break of the 21-DMA and to shift initial focus back to tests of 2018 lows
($16.100).

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