Pullbacks viewed as a correction.......>

SILVER TECHS: Pullbacks viewed as a correction

*RES 4: $15.765 - 76.4% retracement of the Feb 20-May 28 low

*RES 3: $15.642 - High March 21

*RES 2: $15.567 - High Jun 21 and key bull trigger

*RES 1: $15.386 - High Jun 26

*PRICE: $15.238 @ 07:59 BST Jun 28

*SUP 1: $15.160 - High Jun 7 and key support

*SUP 2: $15.106 - 100 DMA

*SUP 3: $15.088 - Trendline support drawn off the Jun 28 low

*SUP 4: $14.920 - Low Jun 19

The outlook remains bullish, although bulls have paused for breath. A resumption

of the bull trend was confirmed last week after the break of 15.160. This week's

pullback is viewed as a correction with initial support located at 15.160. The

outlook remains promising with momentum studies still trending higher. 61.8% of

the Feb 20-May 28 decline at 15.483 has been breached and potential is for gains

to 15.765, the 76.4% retracement. Trendline support is at 15.088 today.