FxWirePro: Go long on XAG/USD above $17.02, with stop loss 16.88 and target of $17.21

• XAG/USD is currently trading around $17.01 marks.
   
• It made intraday high at $17.02 and low at $16.85 levels.
   
• Intraday bias remains bullish till the time pair holds immediate support level at $16.85 marks.
   
• On the top side, key resistance is seen at $17.22. A sustained break above will take the parity up towards $17.37/$17.45/$17.68 levels.
   
• Alternatively, a daily close below $16.88 will drag the parity down around $16.81/$16.70/$16.42 levels respectively.
   
• Initial support levels are seen at $16.92, $16.88 and $16.82 marks.
   
• Resistance levels are seen at $17.02, $17.14 and $17.21 thereafter.

We prefer to take long position in XAG/USD above $17.02, stop loss $16.88 and target $17.21/$17.37 marks.