Silver Movement
Silver prices rose 0.72% to USD 39.02 per ounce, on Friday, during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 38.94 per ounce, 0.21% lower, from Friday’s close.
The first level of short term resistance on the upside is at 39.41, followed by 39.88. The pair is expected to find support at 38.28, with the subsequent support level at 37.62.
The white metal is showing convergence with its 20 Hr and its 50 Hr moving averages.
