XAGUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAGUSD running in positive trend and its immediate strong support are 29.87 to 30.37 level . Stop loss is 29.65 level and it can rise above 31.65 level minimum because of wave 5 minimum projection .Intraday purpose buying is better for targets 30.75,30.85 and 31 levels respectively with stop loss 29.65 level. 5 minute chart showing irregular correction at level of 31.43 level so it can sharply jump over 31.43 level from this support .
QUICK FUNDAMENTAL LOOK
Shares in European precious-metals miners trade markedly higher as prices of gold and silver get a boost from the first Fed interest-rate cut in four years.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .