Search ForexCrunch
  • XAG/USD is trading in 10-week highs near the 17.40 per troy ounce. 
  • The level to beat for bulls is the 17.45 resistance.  

Silver four-hour chart 

Silver is trading in 10-week tops just under the $17.45 per troy ounce level. The white metal is regaining steam while above the main SMAs on the four-hour chart. However, bulls would need a clear break above the 17.45 level to extend gains towards the 18.20 and 18.80 levels. On the flip side, a daily break below the 16.80 support can lead to a deep retracement towards the 15.84 level.  
Resistance: 17.45, 18.20, 18.80
Support: 16.80, 15.84, 15.42

Additional key levels