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Testing 21-DMA *RES 4: $18.218 -......>

SILVER TECHS
SILVER TECHS: Testing 21-DMA 
*RES 4: $18.218 - High Sep 8 2017 
*RES 3: $17.704 - High Jan 25, 2018 
*RES 2: $17.320 - High Jun 14 
*RES 1: $16.106 - High Jan 30, down trendline resistance from 2016 high 
*PRICE: $15.677 @ 06:15 GMT Feb 7 
*SUP 1: $15.648 - 21-dma 
*SUP 2: $15.252 - 200-dma 
*SUP 3: $15.184 - Low Jan 22 
*SUP 4: $15.001 - High Aug 28 
The failure of bulls to overcome the longer term downtrend has seen bears take
control as they look for a close below the 21-dma at $15.648 to open the 200-dma
at $15.252. Below here would suggest a bearish reversal towards the Jan 22 high
at $15.184 and the Aug 28 high at $15.001. Bulls continue to target $16.106 Jan
30 high as well as downtrend resistance from the 2016 high. A close above here
would improve the bigger picture trend and open the June 14 high at $17.320.

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