Silver: White metal continues its previous session gains

 

Silver

Silver Movement

Silver prices rose 0.32% to the USD32.62 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 32.63, marginally higher from yesterday’s close.

Silver is expected to find support at 32.36, and a fall through could take it to the next support level of 32.10. Silver is expected to find its first resistance at 32.92, and a rise through could take it to the next resistance level of 33.21.

The white metal is showing convergence with its 20 Hr moving average and is trading just above its 50 Hr moving average.

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