Silver Movement
Silver prices rose 3.00% to USD40.85 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD40.74 per ounce, 0.27% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 41.73, followed by 42.71. The pair is expected to find support at 39.21, with the subsequent support level at 37.67.
The white metal is trading above its 20 Hr moving average and is showing convergence with its 50 Hr moving average.
