Silver Movement
Silver prices rose 0.02% to USD 48.39 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 48.36 per ounce, 0.06% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 49.53, followed by 50.70. The pair is expected to find support at 47.21, with the subsequent support level at 46.06.
The pair is showing convergence with its 20 Hr moving averages and is trading above its 50 Hr moving average.
