Silver Movement
Silver prices rose 0.96% to USD 34.55 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 34.24, 0.89% lower from yesterday’s close, as markets continued to monitor developments surrounding the Euro-zone’s debt crisis.
Silver is expected to find support at 33.72, and a fall through could take it to the next support level of 33.20. Silver is expected to find its first resistance at 34.79, and a rise through could take it to the next resistance level of 35.34.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
