Silver Movement
Silver prices rose 1.51% to USD 28.15 per ounce during the 24 hours ending 23:00GMT, on fresh speculative off-take amidst industrial buying in India.
In the Asian session, at GMT0300, Silver is trading at 28.24, 0.32% higher from yesterday’s close.
Silver is expected to find support at 27.78, and a fall through could take it to the next support level of 27.32. Silver is expected to find its first resistance at 28.50, and a rise through could take it to the next resistance level of 28.76.
The white metal is trading above its 20 Hr and 50 Hr moving average.
