Silver Movement
Silver prices rose 3.18% to USD29.92 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 29.98, 0.21% higher from yesterday’s close.
Silver is expected to find support at 29.22, and a fall through could take it to the next support level of 28.46. Silver is expected to find its first resistance at 30.54, and a rise through could take it to the next resistance level of 31.10.
The white metal is trading showing convergence with its 20 Hr moving average and is trading above its 50 Hr moving average.
