Silver Movement
Silver prices declined 0.08% to USD 37.32 per ounce during the 24 hours ending 23:00GMT, as investors booked profits.
In the Asian session at 3:00GMT, silver is trading at USD 37.17 per ounce, 0.40% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 37.69, followed by 38.22. The pair is expected to find support at 36.74, with the subsequent support level at 36.32.
Silver is showing convergence with its 20 Hr and 50 Hr moving averages.
