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Potential Bear Flag Forming *RES 4:....>

SILVER TECHS: Potential Bear Flag Forming
*RES 4: $15.610 - High July 31 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.555 - High Sep 3 
*PRICE: $14.248 @ 06:39 GMT 
*SUP 1: $13.942 - Low Sep 11 
*SUP 2: $13.648 - Low Dec 15 2015 
*SUP 3: $12.000 - Support 
*SUP 4: $11.750 - Low Apr 21 2009 
Silver has been unable to capitalize on its recent break above its 21-dma and
broader trend remains bearish. A potential bear flag may be forming as the
recovery off the Sep 11 lows has lacked impulse. Bears snow target the Sep 11
low at $13.942 to establish a lower low and open the Dec 2015 low. Bulls look to
overcome the Sep 3 high at $14.555 to shift the focus to the upside.

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