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Trendline marks key support *RES 4:....>

SILVER TECHS
SILVER TECHS: Trendline marks key support
*RES 4: $18.218 - High Sep 8 2017
*RES 3: $18.000 - Psychological round number
*RES 2: $17.704 - High Jan 25 2018
*RES 1: $17.512 - High Aug 13
*PRICE: $17.054 @ 06:37 BST Aug 22
*SUP 1: $16.780/540 - Trendline support drawn off the Jul 12 low / Low Aug 13
*SUP 2: $16.660 - High Jul 25
*SUP 3: $16.540 - Low Aug 13 and key support
*SUP 4: $16.358 - Low Aug 6
Silver maintains its underlying bullish tone.The price sequence of higher highs
and higher lows continues to dominate and while this holds, the focus is on
further gains. Potential is for a climb towards $17.704, the Jan 25, 2018 high.
Initial resistance and the trigger for bulls is last Tuesday's high of $17.512.
Key support lies at the trendline, today at $16.780, and $16.540, the low of Aug
13. A break would instead signal a reversal and the start of a correction.

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