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Testing the bull channel top *RES 4:...>

SILVER TECHS
SILVER TECHS: Testing the bull channel top
*RES 4: $19.018 - High Nov 2016
*RES 3: $19.000 - Round number resistance
*RES 2: $18.657/8 - High Apr 2017 / High Aug 29
*RES 1: $18.449 - Bull channel top drawn off the Jul 12 low
*PRICE: $18.392 @ 07:31 BST Aug 30
*SUP 1: $18.060 - Low Aug 28
*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 following the recent impulsive
gains. Price action is trading at the top of it bull channel at $18.449 today,
drawn off the Jul 12 low. The channel top has been probed this week. It is too
early to tell whether this technical level will provide a strong enough
resistance area to limit gains. For now though, the risk is for an extension
higher with a potential move to $19.000 next. 

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