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Recovery Gaining Traction *RES 4:......>

SILVER TECHS
SILVER TECHS: Recovery Gaining Traction
*RES 4: $15.610 - High July 31 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.770 - 55-dma 
*PRICE: $14.770 @ 06:45 GMT 
*SUP 1: $14.500 - Pivot area 
*SUP 2: $14.180 - Low Sep 27 
*SUP 3: $13.942 - Low Sep 11 
*SUP 4: $13.648 - Low Dec 15 2015 
Silver is testing its 55-dma as the recovery gains traction. A close above here
would suggest a further gain to the Aug 28 high at $15.001, above which would
open the Aug 3 high at $15.554 and suggest a bullish reversal is in play. Bears
need to break back below $14.500 to return the outlook back to neutral, while a
break below $14.180 would put the bears back in charge.

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