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SPOT SILVER: Accelerates higher *RES 4:......>

SILVER
SILVER: SPOT SILVER: Accelerates higher
*RES 4: $16.498 - High Jun 25, 2018
*RES 3: $16.361 - High Jun 26, 2018
*RES 2: $16.223 - High Feb 20
*RES 1: $16.123 - Intraday high
*PRICE: $16.024 @ 07:21 BST Jul 18
*SUP 1: $15.926 - Intraday low
*SUP 2: $15.643 - High Mar 21
*SUP 3: $15.523 - Low Jul 17
*SUP 4: $15.315 - Low Jul 16
Silver continues to accelerate higher as this weeks impulsive rally extends. The
break of former resistance at $15.568, the Jun 21 high on Tursday confirmed a
resumption of the uptrend. This followed a recent recovery off 50% of the May
28-Jun 21 rally at $14.928 and a break of a trendline resistance drawn off the
Jun 21 high. With bulls back in charge, the focus is on $16.223, the high of Feb
20. Clearance of this level would open $16.498. Support is at $15.926.

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