XAGUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAGUSD has strong resistance 21.37 TO 21.78 levels as red box marked in graph .At low level of 20.68 irregular correction formed so it can fall below 20.68 level .It has changed the short term trend and it is running in negative trend and stop loss is 22.13 and intraday purpose targets are 20.95,20.85 and 20.68 respectively.
QUICK FUNDAMENTAL LOOK
Gold prices were flat on Wednesday near seven-month lows hit in the previous session, as a surge in U.S. dollar and bond yields buoyed by strong jobs data meant that there was room for a further monetary policy tightening
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.