- XAG/USD is currently trading around $17.09 marks.
- It made intraday high at $17.18 and low at $16.93 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above $17.02 will test key resistances at $17.22/$17.36/$17.52 marks respectively.
- On the other side, a daily close below $17.02 will take the parity down towards key supports at $16.87/$16.75/$16.55/$16.42/$16.28/$16.10 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on XAG/USD around $17.05 with stop loss at $16.87 and target of $17.22/$17.36.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Crypto levels and bias summary
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD under pressure as key support gives way
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices 



