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Holds above trendline *RES 4:..........>

SILVER TECHS
SILVER TECHS: Holds above trendline
*RES 4: $18.218 - High Sep 8 2017
*RES 3: $18.000 - Psychological round number
*RES 2: $17.704 - High Jan 25 2018
*RES 1: $17.512 - High Aug 13
*PRICE: $17.154 @ 07:31 BST Aug 16
*SUP 1: $16.390/540 - Trendline support drawn off Jul 12 low / Low Aug 13
*SUP 2: $16.121 - Low Aug 5
*SUP 3: $15.920 - Low Aug 1 and key support
*SUP 4: $15.568 - High Jun 21
Silver traded in a more volatile manner this week however the underlying bullish
outlook remains intact with fresh fresh trend highs also printed this week. This
maintains the underlying price sequence of higher highs and higher lows with the
focus on $17.704, the Jan 25, 2018 high. Initial resistance and the bull trigger
for a resumption of the uptrend is at Tuesday's high of $17.512. Support lies at
the trendline, today at $16.606, and $16.540, the Aug 13 low.

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