Silver Movement
On Friday, Silver prices rose 1.07% to USD 16.07 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0400, the pair is trading at 16.03, with the silver trading 0.19% lower from Friday’s close.
The pair is expected to find support at 15.86, and a fall through could take it to the next support level of 15.68. The pair is expected to find its first resistance at 16.18, and a rise through could take it to the next resistance level of 16.32.
The white metal is trading just above its 20 Hr and 50 Hr moving averages.
