Silver Movement
Silver prices rose 2.91% to USD39.28 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD38.92 per ounce, 0.92% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 39.97, followed by 41.03. The pair is expected to find support at 37.73, with the subsequent support level at 36.55.
The white metal is showing convergence with its 20 Hr moving average and is trading just above its 50 Hr moving average.
