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Pullback Considered A Correction.......>

SILVER TECHS
SILVER TECHS: Pullback Considered A Correction
*RES 4: $18.948 - High Feb 24 and key resistance
*RES 3: $18.671 - High Feb 25
*RES 2: $18.382 - High Jun 1
*RES 1: $18.093 - High Jun 2
*PRICE: $17.710 @ 07:02 BST Jun 5
*SUP 1: $17.273 - High May 29
*SUP 2: $17.031 - 20-day EMA
*SUP 3: $16.735 - Low May 22 and key support
*SUP 4: $16.332 - 50-day EMA
Although off recent highs, Silver maintains a bullish focus having rallied
sharply higher on May 29 and earlier this week. The break above $17.625, May 20
high, confirmed a resumption of the current bull trend and attention is on
resistance at $18.671, Feb 25 high and the key resistance parameter at $18.948,
Feb 24 high. On the downside, the next support is at $17.273, May 29 low ahead
of $16.985, the 20-day EMA.

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