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Trendline support intact *RES 4:.......>

SILVER TECHS
SILVER TECHS: Trendline support intact
*RES 4: $18.000 - Psychological round number
*RES 3: $17.704 - High Jan 25 2018
*RES 2: $17.512 - High Aug 13
*RES 1: $17.393 - High Aug 15
*PRICE: $16.998 @ 07:32 BST Aug 23
*SUP 1: $16.837/540 - 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 the Aug 13 high of $17.512. Key
support lies at the trendline, today at $16.837, 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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