Silver: White metal tops $35 per ounce as dollar slips

Silver

Silver Movement

Silver prices rose 3.10% to USD 35.33 per ounce during the 24 hours ending 23:00GMT, as the dollar weakened.

In the Asian session, at GMT0400, Silver is trading at 35.40, 0.19% higher from yesterday’s close.

Silver is expected to find support at 34.56, and a fall through could take it to the next support level of 33.72. Silver is expected to find its first resistance at 35.93, and a rise through could take it to the next resistance level of 36.46.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

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