Silver Movement
Silver prices rose 2.99% to USD 15.31 per ounce during the 24 hours ending 23:00GMT, tracking gains in the gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.38, with silver trading 0.46% higher from yesterday’s close.
The pair is expected to find support at 15.01, and a fall through could take it to the next support level of 14.64. The pair is expected to find its first resistance at 15.57, and a rise through could take it to the next resistance level of 15.76.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
