Silver Movement
Silver prices rose 4.46% to USD 31.99 per ounce during the 24 hours ending 23:00GMT on Friday.
In the Asian session, at GMT0400, Silver is trading at 32.42, 1.37% higher from Friday’s close.
Silver is expected to find support at 31.01, and a fall through could take it to the next support level of 29.60. Silver is expected to find its first resistance at 33.15, and a rise through could take it to the next resistance level of 33.87.
The white metal is trading well above its 20 Hr and its 50 Hr moving averages.
