FxWirePro: Silver hits fresh 2-week high at $14.90 mark, sustained close above targets $15.32 marks

• XAG/USD is currently trading around $14.88 marks.
   
• It made intraday high at $14.90 and low at $14.82 levels.
   
• Intraday bias remains bullish till the time pair holds key support at $14.82 mark.
   
• A daily close above $14.87 will test key resistances at $14.98, $15.10, $15.32 and $15.47 marks respectively.
   
• On the other side, a daily close below $14.87 will take the parity down towards key supports at $14.82, $14.72, $14.57 and $14.34 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.

We prefer to take long position on XAG/USD only above $14.90, stop loss $14.82 and target of $15.10.