Silver Movement
Silver prices rose 0.91% to USD 17.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 17.325, with the silver trading 0.73% higher from yesterday’s close.
The pair is expected to find support at 17.01, and a fall through could take it to the next support level of 16.69. The pair is expected to find its first resistance at 17.53, and a rise through could take it to the next resistance level of 17.73.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
