Silver Movement
Silver prices declined 1.09% to USD 37.34 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 37.80 per ounce, 1.23% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 39.03, followed by 40.25. The pair is expected to find support at 36.40, with the subsequent support level at 34.99.
The white metal is showing convergence with its 20 Hr moving average and its 50 Hr moving average.
