Uptrend Support Under Pressure *RES....>

SILVER TECHS: Uptrend Support Under Pressure

*RES 4: $15.846 - 200-dma 

*RES 3: $15.554 - High Aug 3 

*RES 2: $15.001 - High Aug 28 

*RES 1: $14.800 - Down trendline resistance from Oct 2 high 

*PRICE: $14.482 @ 06:23 GMT 

*SUP 1: $14.414 - Low Oct 29, up trendline resistance from Sep lo1 

*SUP 2: $14.243 - Low Oct 10 

*SUP 3: $13.942 - Low Sep 11 

*SUP 4: $13.648 - Low Dec 15 2015 

Silver saw heavy losses yesterday which have shifted the focus back to the

downside as up trendline support from the Sep lows comes into play. A close

below yesterday's low at $14.414 would break the uptrend, targeting a move back

down to the Oct 10 lows. On the upside, down trendline resistance from the Oct 2

high at $14.800 would suggest a bullish reversal, targeting the Aug 28 high at

$15.001.