Recently, Silver $XAGUSD confirmed a bullish trend when it held above $15 and broke above a flag pattern. Silver (XAG/USD) Signals Bullish Continuation After Breakout XAG/USD Daily Chart (click to enlarge) Next Resistance:- As we see silver extend higher after the recent breakout, we see that price is now challenging a key resistance area around $16.- A close above $16.25 would signal further upside. - I think there is still upside to $18. That $18.40-$18.50 area will be a key resistance as we can see on the weekly chart.- If price starts to find support around $16 (the current resistance), then I think the bullish outlook will more likely materialize.- Furthermore, note that price rebounded to $21 last time price came up from the lows around $14.- $18 is therefore a viable target, even if XAG/USD fails to be as bullish as it was in the first half of 2016. XAG/USD Weekly Chart (click to enlarge)