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- XAG/USD is currently trading around $15.37 levels.
- It made intraday high at $15.44 and low at $15.34 levels.
- Intraday bias remains bullish for the moment.
- A daily close below $15.17 will tests key supports at $15.01, $14.94 and $14.55 marks respectively.
- Alternatively, a current rebound from $15.17 will likely to test key resistances at $15.42/ $15.60 and $15.72 marks.
- Later today, US will release NFP job results. This will provide further directions to the parity.
We prefer to tale long position in XAG/USD around $15.37, stop loss $15.32 and target $15.60 levels.
