Silver Movement
Silver prices rose 3.80% to USD 35.54 per ounce on Friday during the 24 hours ending 23:00GMT.
In the Asian session at 4:00GMT, silver is trading at USD 36.20 per ounce, 1.86% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 36.95, followed by 37.69. The pair is expected to find support at 34.92, with the subsequent support level at 33.63.
The pair is showing convergence with its 20 Hr moving average and is trading above its 50 Hr moving average.
