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SPOT SILVER: Arrives at bull channel...>

SILVER TECHS
SILVER TECHS: SPOT SILVER: Arrives at bull channel top
*RES 4: $19.018 - High Nov 2016
*RES 3: $19.000 - Round number resistance
*RES 2: $18.657 - High Apr 2017
*RES 1: $18.326/351- Bull channel top / Intraday highHigh Aug 26
*PRICE: $18.259 @ 07:37 BST Aug 28
*SUP 1: $18.060 - Intraday low
*SUP 2: $17.635 - Low Aug 27
*SUP 3: $17.512 - High Aug 13 and former breakout level
*SUP 4: $17.440 - Low Aug 26
Silver maintains its underlying bullish tone as this weeks impulsive rally
extends. Price action has arrived at the top of it bull channel at $18.326,
drawn off the Jul 12 low. It is too early to tell whether this technical level
will provide strong enough resistance to cap gains. For now, the risk is for
further upside with potential for a climb towards $19.000 next. On the downside,
initial support lies at $18.060.

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