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SPOT SILVER: Impulsive gains once......>

SILVER TECHS
SILVER TECHS: SPOT SILVER: Impulsive gains once again
*RES 4: $20.064 - High week ending Sep 23, 2016
*RES 3: $20.000 - Psychological round number
*RES 2: $19.743 - High week Sep 30, 2016
*RES 1: $19.653 - Intraday high
*PRICE: $19.422 @ 07:29 BST Sep 5
*SUP 1: $19.190 - Low Sep 4
*SUP 2: $18.338 - Low Sep 3
*SUP 3: $18.052 - Low Aug 29
*SUP 4: $17.635 - Low Aug 27
Silver continued its impulsive rally yesterday. The underlying bullish tone
remains intact and price gains this week have confirmed a clear break of the top
of its former bull channel, drawn off the Jul 12 low. With trend conditions in a
bull mode, attention turns to the psychological $20.000 level. On the downside,
initial support lies at yesterday's $19.904 low ahead of $18.338, the low of Sep
3.

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