Still Holding Above $14.547 *RES 4:....>

SILVER TECHS: Still Holding Above $14.547

*RES 4: $16.157 - 61.8% retracement of the Feb 24 - Mar 18 decline

*RES 3: $15.988 - High Apr 10 and bull trigger

*RES 2: $15.599 - High Apr 16

*RES 1: $15.444 - High Apr 23

*PRICE: $14.997 @ 08:59 BST Apr 28

*SUP 1: $14.694 - Low Apr 22

*SUP 2: $14.547 - Low Apr 21 and key S/T support

*SUP 3: $14.245 - Low Apr 6

*SUP 4: $13.815 - 50.0% retracement of the rally between Mar 18 - Apr 10

Silver is weaker this morning but essentially still consolidating. Last week,

the metal bounced off $14.547, Apr 21 low. The recovery is an early indication

that the recent corrective pull back may be over. While this support holds, the

focus is on the potential for a climb towards key resistance at $15.988, Apr 10

high. A breach would confirm a resumption of the bull run in place since Mar 18.

Sub $14.547 levels would instead signal the return of bearish activity.