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Range Breakout *RES 4: $16.923 -.......>

SILVER TECHS
SILVER TECHS: Range Breakout
*RES 4: $16.923 - High Mar 12
*RES 3: $16.530 - Low Dec 9 and former range base
*RES 2: $16.395 - Low Feb 28 and yesterday's breakout level
*RES 1: $16.000 - Round number resistance
*PRICE: $15.602 @ 07:19 GMT Mar 13
*SUP 1: $15.331 - Intraday low
*SUP 2: $15.165 - Low Jul 15, 2019
*SUP 3: $15.056 - Low Jul 12, 2019
*SUP 4: $15.000 - Psychological round number
Silver was down sharply yesterday clearing a key support at the $16.530 handle
marking the base of a broad range the metal has traded within since late Sep
last year. The break of $16.395, Feb 28 low paves the way for a deeper sell-off
towards the psychological $15.000 level. Resistance between $16.395 and $16.530
is seen as a firm ceiling. A break back above this zone is required to ease the
bearish threat.

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