SLV is off to a strong start this morning after hitting a demand zone as you can see below.

silver prices on the move:

SLV weekly chart we had a morning gap up as markets continued to climb. Slv broke through A key resistance point at 17.18 and is now holding as support. If 17.18 doesn’t hold, we may see SLV slide below 17.00. Next resistance can be seen at 17.45 and 17.60 respectively. The chart above is a weekly chart, so pay close attention to the downward gap at 16.90 and forward gaps all the way up to 18.10. We will continue to keep you updates on slv and silver updates.

Disclaimer: This is not investment advice and is only our opinion based on the current charts. These prices may change over time. Please consult a investment advisor before taking any risks.