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Pausing for Breath at $17 *RES 4:......>

SILVER TECHS
SILVER TECHS: Pausing for Breath at $17
*RES 4: $18.218 - High Sep 8 2017
*RES 3: $17.704 - High Jan 25 2018
*RES 2: $17.357 - High Apr 19 2018
*RES 1: $17.247 - High Aug 7
*PRICE: $16.999 @ 08:15 BST Aug 9
*SUP 1: $16.654 - High Jul 25 (previous resistance)
*SUP 2: $16.359 - Low Aug 6
*SUP 3: $16.120 - Low Aug 5
*SUP 4: $15.924 - Low Aug 1
After a huge move higher on Wednesday, silver fell back through the
psychological $17 level yesterday and continues to flirt with the level today.
As we said yesterday, it is time for a pause but bulls will be targeting the
2018 highs of $17.704 with the 2017 highs of $18.653 a medium-term target. Bears
need to see a move back below $16.665 to see a more neutral outlook.

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