Silver Movement
Silver prices declined 0.06% to USD 16.47 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 16.65, with the silver trading 1.09% higher from yesterday’s close.
The pair is expected to find support at 16.34, and a fall through could take it to the next support level of 16.04. The pair is expected to find its first resistance at 16.83, and a rise through could take it to the next resistance level of 17.01.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
