FxWirePro: Silver hovers above key support level at 15.20, buy on dips

• XAG/USD is currently trading around $15.22 marks. 
   
• It made intraday high at 15.30 and low at $15.21 levels. 
   
• Intraday bias remains bearish for the moment.
   
• A current down fall from $15.77 will likely to hold around $15.18 marks.
   
• A sustained break below $15.16 will take the parity around $15.00 marks.
   
• Alternatively, reversal from key support will turn the bias bullish again and drag the parity back above $15.60 marks.

We prefer to take long position in XAG/USD around $15.20, stop loss $15.01 and target $15.42/$15.71 levels.