FxWirePro: Silver erases previous loss against U.S. dollar, jumps above $18.30 mark

• XAG/USD is currently trading around $18.30 marks.
   
• It made intraday high at $18.33 and low at $18.16 levels.
   
• Intraday bias remains bearish till the time pair holds immediate resistance at $18.42 marks. 
   
• A daily close above $18.42 will test key resistances at $18.55/$18.72/$18.88/$19.25 marks respectively.
   
• Alternatively, a daily close below $17.99 will take the parity down towards key supports at $17.82/$17.52/$17.33/$17.26/$17.09/$16.92/$16.33/$15.93 marks respectively.

We prefer to go short on XAG/USD around $18.35 with stop loss at $18.46 and target of $17.99/$17.82.