Silver Movement
Silver prices rose marginally to the USD33.13 per ounce during the 24 hours ending 23:00GMT, on fresh speculative demand as well as industrial buying.
In the Asian session, at GMT0300, Silver is trading at 33.15, 0.06% higher from yesterday’s close.
Silver is expected to find support at 32.91, and a fall through could take it to the next support level of 32.68. Silver is expected to find its first resistance at 33.34, and a rise through could take it to the next resistance level of 33.53.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
Silver prices rose marginally to the USD33.13 per ounce during the 24 hours ending 23:00GMT, on fresh speculative demand as well as industrial buying.
In the Asian session, at GMT0300, Silver is trading at 33.15, 0.06% higher from yesterday’s close.
Silver is expected to find support at 32.91, and a fall through could take it to the next support level of 32.68. Silver is expected to find its first resistance at 33.34, and a rise through could take it to the next resistance level of 33.53.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
