- XAG/USD is currently trading around $18.97 marks.
- It made intraday high at $18.97 and low at $17.99 levels.
- Intraday bias remains bullish till the time pair holds immediate support at $18.72 marks.
- A daily close above $18.72 will test key resistances at $18.72/$18.88/$19.29/$19.72 marks respectively.
- Alternatively, a daily close below $18.72 will take the parity down towards key supports at $18.40/$18.25/$17.82/$17.52/$17.33/$17.26/$17.09/$16.92/$16.33/$15.93 marks respectively.
We prefer to go long on XAG/USD around $18.55 with stop loss at $18.01 and target of $18.99/$19.29.
