Search ForexCrunch
  • XAG/USD is hovering at its highest since early-March. 
  • The level to beat for bulls is the 17.45 resistance on daily closing basis.

Silver four-hour chart 

XAG/USD is holding into 10-week highs near the 17.45 resistance. Buyers remain in control and a break beyond the mentioned level on a daily closing basis can yield extra gains towards 18.20 and 18.80. On the flip side, retracements down may find support near the 16.65 and 15.84 levels initially. 
Resistance: 17.45, 18.20, 18.80
Support: 16.65, 15.84, 15.42

Additional key levels