The price of Silver in USD (XAG/USD) has been rallying, from the low around 15.60 at the end of December 2016 to almost 18.00 now in mid-February. All signs still point higher, but 18.00 will be an interesting level, where we should anticipate resistance.XAG/USD Daily Chart 2/14(click to enlarge)Watch out for Resistance Factors Around 18:1) There is a falling trendline.2) There is a support pivot back in November 2016. 3) There is the 200-day simple moving average (SMA)4) The 18.35 area is another support pivot back in August 2016. Bears Still Have to Show Something First:- While we could anticipate resistance, we can't really anticipate a bearish reversal just yet.- But if price is able to swing back below 17.00, then we should seriously consider the possibility that the bearish trend since mid-2016 is back in play.- This bearish continuation scenario (below 17.00), opens up the 15.60 low as well as the 2016 lows just under 14.00.Above 18?- A break above 18.00 opens up the 20 handle and the 2016 highs around 21.