Search ForexCrunch
  • XAG/USD is trading near its highest since early March. 
  • The level to beat for buyers is the 17.45 resistance on daily closing basis.

Silver four-hour chart 

XAG/USD is trading close to 10-week tops below the 17.45 resistance. Buyers should remain in charge but need a sustained break above the mentioned level possibly on a daily closing basis. Potential targets to the upside can be located near the 18.20 and 18.80 levels. On the flip side, retracements down can find initial support near the 16.80 and 15.84 levels. 
Resistance: 17.45, 18.20, 18.80
Support: 16.80, 15.84, 15.42


Additional key levels