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YTD Highs Back In Focus *RES 4:........>

SILVER TECHS
SILVER TECHS: YTD Highs Back In Focus
*RES 4: $17.320 - High Jun 14
*RES 3: $16.111 - Down trendline resistance from July 2016 highs 
*RES 2: $16.055 - Low May 1, now resistance  
*RES 1: $15.875 - High Jan 4 
*PRICE: $15.772 @ 06:26 GMT Jan 28 
*SUP 1: $15.184 - Low Jan 22 
*SUP 2: $15.001 - High Aug 28 
*SUP 3: $14.696 - 100-dma 
*SUP 4: $14.494 - Low Dec 14 
The Jan 4 highs are back in focus following Friday's large rally, and with gold
breaking to new ytd highs the outlook is looking increasingly positive. A close
above $15.875 would open the May 1 low at $16.055, ahead of a test of down
trendline resistance from the 2016 highs. On the downside, Tuesday's low at
$15.184 is the focus for the bears, below which would suggest a bearish
reversal, opening the Aug 28 high at $15.001.

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