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Off Recent Lows *RES 4: $18.635 -......>

SILVER TECHS
SILVER TECHS: Off Recent Lows
*RES 4: $18.635 - High Feb 25
*RES 3: $18.211 - High Feb 26
*RES 2: $17.868 - High Feb 28
*RES 1: $17.352 - Low Jan 29
*PRICE: $17.185 @ 07:09 GMT Mar 4
*SUP 1: $16.395 - Low Feb 28
*SUP 2: $16.120 - Low Aug 5
*SUP 3: $16.000 - Round number support
*SUP 4: $15.924 - Low Aug and key support
Silver sold off sharply Friday clearing support at $17.352, the Jan 29 low.
Support at $16.523, Dec 9 low was breached Friday but the metal has since
recovered. A break of Friday's $16.395 low would confirm a resumption of
weakness and pave the way for a move towards $16.000 and $15.924, the Aug 1 low.
On the upside, initial firm resistance is seen at yesterday's high of $17.470.
Clearance of this level would suggest the start of a stronger S/T bullish theme.

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