Silver Movement
Silver prices rose 1.23% to USD 37.97, on Friday, per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 38.21 per ounce, 0.63% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 38.60, followed by 38.99. The pair is expected to find support at 37.62, with the subsequent support level at 37.03.
The pair is showing convergence with its 20 Hr and its 50 Hr moving averages.
