Silver Movement
On Friday, Silver prices rose 2.24% to the USD34.10 per ounce during the 24 hours ending 24:00GMT, as the dollar weakened.
In the Asian session, at GMT0400, Silver is trading at 34.13, marginally higher from Friday’s close.
Silver is expected to find support at 33.54, and a fall through could take it to the next support level of 32.96. Silver is expected to find its first resistance at 34.44, and a rise through could take it to the next resistance level of 34.75.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
