Silver Movement
Silver prices rose 0.38% to USD 15.88 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 15.88, with the silver trading marginally higher from yesterday’s close.
The pair is expected to find support at 15.76, and a fall through could take it to the next support level of 15.64. The pair is expected to find its first resistance at 15.98, and a rise through could take it to the next resistance level of 16.09.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
