Silver Movement
Silver prices rose 1.83% to USD 42.20 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 42.22 per ounce, marginally higher, from 23:00GMT.
The first level of short term resistance on the upside is at 42.79, followed by 43.35. The pair is expected to find support at 41.52, with the subsequent support level at 40.81.
The white metal is showing convergence with its 20 Hr moving average and is trading above its 50 Hr moving average.
