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SLV Intra-day Resistance Levels

The iShares Silver Trust(NYSE:SLV) is trading positive by just 0.05 cents to $26.18. When the U.S. Dollar Index pulls back silver catches a bid and trades higher. The SLV will have short term intra-day resistance around the $26.40 and $26.65 levels. Should the U.S. Dollar Index begin to rally or trade higher it would be prudent to expect the SLV to stall out and possibly begin to trade lower again.