Silver Movement
On Friday, Silver prices traded a tad lower to USD 16.59 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0400, the pair is trading at 16.735, with the silver trading 0.87% higher from Friday’s close.
The pair is expected to find support at 16.51, and a fall through could take it to the next support level of 16.28. The pair is expected to find its first resistance at 16.87, and a rise through could take it to the next resistance level of 17.01.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
