Silver Movement
Silver prices rose 2.86% to USD 30.23 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 4:00GMT, silver is trading at USD 30.13 per ounce, 0.33% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 30.58, followed by 31.04. The pair is expected to find support at 29.45, with the subsequent support level at 28.78.
The pair is currently trading slightly above 20 Hr moving averages and well above its 50 Hr moving average.
