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Recovery Would Gain Momentum Above.....>

SILVER TECHS
SILVER TECHS: Recovery Would Gain Momentum Above $14.50
*RES 4: $15.668 - 200-dma 
*RES 3: $15.554 - High Aug 3 
*RES 2: $15.001 - High Aug 28 
*RES 1: $14.915 - High Nov 2 
*PRICE: $14.376 @ 06:25 GMT 
*SUP 1: $13.897 - Low Nov 14 
*SUP 2: $13.648 - Low Dec 15 2015 
*SUP 3: $13.000 - Support 
*SUP 4: $12.458 - Low Jul 17, 2009 
Silver's recovery failed to overcome the $14.50 level on Friday which has seen
the metal give back some gains, but the potential for a double bottom formation
remains. A break above $14.50 would open the Nov 2 high at $14.915, and above
here would suggest a run at the key Aug 28 high just above $15. On the downside,
a break below $13.897 would allow bears to challenge the Dec 2015 lows at
$13.640 ahead of a run at the $13 level.

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