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Potential Uptrend Forming *RES 4:......>

SILVER TECHS: Potential Uptrend Forming
*RES 4: $15.610 - High July 31 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.847 - 55-dma 
*PRICE: $14.413 @ 06:42 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 shows potential for an uptrend to form following the break above the
21-dma, with the 55-dma at $14.847 the next upside target. A break above here
would bring the $15 level into focus where the Aug 28 high resides. Bears need
to close back below the 21-dma to target the Sep 11 low at $13.942.

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