Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.22% against the USD and closed at USD18.41 on Friday.
In the Asian session, at GMT0400, the pair is trading at 18.19, with the silver trading 1.2% lower from Friday’s close.
The pair is expected to find support at 18.07, and a fall through could take it to the next support level of 17.96. The pair is expected to find its first resistance at 18.39, and a rise through could take it to the next resistance level of 18.59.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
