Silver Movement
Silver prices rose 2.26% to USD 30.51 per ounce during the 24 hours ending 23:00GMT, in line with rise in base metal prices.
In the Asian session, at GMT0300, Silver is trading at 30.47, 0.15% lower from yesterday’s close.
Silver is expected to find support at 30.09, and a fall through could take it to the next support level of 29.71. Silver is expected to find its first resistance at 30.83, and a rise through could take it to the next resistance level of 31.20.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
