Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 4.64% against the USD and closed at USD27.50 per ounce.
In the Asian session, at GMT0300, the pair is trading at 28.07, with silver trading 2.09% higher against the USD from yesterday’s close.
The pair is expected to find support at 26.81, and a fall through could take it to the next support level of 25.55. The pair is expected to find its first resistance at 28.79, and a rise through could take it to the next resistance level of 29.51.
The white metal is trading above its 20 Hr and 50 Hr moving averages
