Silver New York Price Forecast: XAG/USD challenging the 17.45 resistance, bullish

XAG/USD is trading close to its highest since early March.
The resistance to beat for bulls is the 17.45 level on daily closing basis.

Silver four-hour chart

Silver is trading near 10-week tops just below the $17.45 per troy ounce resistance. Bulls stay in charge but need a sustained breakout above the mentioned level on a daily closing basis. Looking up, possible target points can be located near the 18.20 and 18.80 levels. On the other hand, pullbacks down can emerge 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

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