Silver climbed and reached to the first target at 17.20, and now if it breached it we will see the 17.70 level again, and from there we can initiate a new scenario for the metal. Technical indicators are supporting the break of 17.20, yet if it did not mange to do that a possible retrieve might go with a profit taking wave down till 16.70 and 16.35.

The trading range is among the key support level at 16.35nd the key resistance level at 17.70.

The general trend is to the upside as far as 13.20 remains intact, with targets at 22.00 and 25.00.

Resistance17.20 17.32 17.39 17.45 17.70