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SPOT SILVER: Impulsive rally intact....>

SILVER TECHS
SILVER TECHS: SPOT SILVER: Impulsive rally intact
*RES 4: $16.625 - High Jun 19, 2018
*RES 3: $16.539 - Broad bull channel top drawn off the Nov 15, 2018 low
*RES 2: $16.498 - High Jun 25, 2018
*RES 1: $16.467 - Intraday high
*PRICE: $16.440 @ 07:27 BST Jul 19
*SUP 1: $16.223 - High Feb 20 breached yesterday
*SUP 2: $15.926 - Low Jul 18
*SUP 3: $15.643 - High Mar 21
*SUP 4: $15.523 - Low Jul 17
Silver continues to accelerate higher as this weeks impulsive rally extends. The
break of former resistance at $15.568, the Jun 21 high on Tuesday 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, $16.223, the high of Feb 20 has also
been cleared. This open $16.498 next. Support is at $16.223.

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