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- XAG/USD is currently trading around $19.40 marks.
- It made intraday high at $19.44 and low at $19.37 levels.
- Intraday bias remains bullish till the time pair holds key support at $19.32 marks.
- A daily close above $19.72 will test key resistances at $19.92/$20.05/20.22/$20.32/$20.46/$20.67/$20.78/$21.09 and $21.46 marks respectively.
- Alternatively, a daily close below $19.32 will take the parity down towards key supports at $19.06, $18.92, $18.77, $18.62 and $18.44 marks respectively.
We prefer to go long on XAG/USD around $19.38 - $19.40 with stop loss at $19.32 and target of $19.58/$19.72.
