SILVER LEVELS FOR 22 JULY 2016

	S2	S1	R1		R2	TREND
SILVER	45350	45500	46100		46250	SIDEWAYS

Silver: Silver prices have recovered from its intraday lows at 45598 levels. Momentum above 46080 levels will push prices higher towards 46429 levels. On the contrary, weakness below 45800 again will push prices lower towards 45600 levels again. A daily close below 45600 will open downside targets of 45230/44601 levels for Silver.