Silver: Continues to traded higher in Asian session

Silver

Silver Movement

Silver prices rose 1.89% to USD 43.06 per ounce, on Friday during the 24 hours ending 23:00GMT.

In the Asian session at 3:00GMT, silver is trading at USD 43.27 per ounce, 0.49% higher, from 23:00GMT.

The first level of short term resistance on the upside is at 43.83, followed by 44.39. The pair is expected to find support at 42.24, with the subsequent support level at 41.21.

The pair is trading just above its 20 Hr moving average and its 50 Hr moving average.

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