17$ is another Weekly Structure Zone that now $SLV is facing with. It can create some short term pullback in Silver .. even such pullback that will drive it back towards 15$.
The final target zone for $SLV's weekly move, in my opinion, is the 18-19$ weekly structure zone. If and when the price will reach there, it will allow enough time for the 200 weeks MA to reach that zone and add its weight to make it a very strong weekly Sell Zone
Based on this weekly structure analysis, if you want to trade $SLV you should either focus on the 15$ for trades, or wait for $SLV to reach 18.5-19$ to try and short the Sell Zone.
Obviously you can also try to sell the Weekly Structure near 17$, but if you want stronger Price Zones, $15 and 18.5$ are the levels you should pay attention to
Tomer, The MarketZone.net
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