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- XAG/USD is currently trading around $18.37 marks.
- It made intraday high at $18.45 and low at $18.31 levels.
- Intraday bias remains bullish till the time pair holds immediate support at $17.82 marks.
- A daily close above $18.32 will test key resistances at $18.56/$18.68/$18.88/$19.25 marks respectively.
- Alternatively, a daily close below $17.82 will take the parity down towards key supports at $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 $18.28 with stop loss at $17.82 and target of $18.56/$18.68.
