Thursday, October 15, 2026

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FxWirePro: Silver refrains from falling below $19.00 mark, bias turns to bullish again

XAG/USD is currently trading around $19.81 marks. It made intraday high at $19.92 and low at $19.75 levels. Intraday bias remains bullish till the time pair holds key support at $19.19 levels. A daily close above $20.05 …

By Cynthia Firey Eakin
1 min read
FxWirePro: Silver refrains from falling below $19.00 mark, bias turns to bullish again
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  • XAG/USD is currently trading around $19.81 marks.
     
  • It made intraday high at $19.92 and low at $19.75 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at $19.19 levels.
     
  • A daily close above $20.05 tests key resistances at $20.20, $20.32, $20.45, $20.66, $20.78, $21.09 and $21.46 marks respectively.
     
  • On the other side, a daily close below $19.19 will take the parity down towards key supports at $19.12, $19.09, $18.87 and $18.68 marks respectively.
     
  • Important to note here that in a daily chart, 20D, 30D and 55D EMA heads up and confirms the bullish trend.

    We prefer to take long position in XAG/USD around $19.70 with stop loss at $19.62 and target of $20.20.

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By FxWirePro Team