Silver Movement
Silver prices rose 1.66% to the USD31.39 per ounce during the 24 hours ending 23:00GMT, on firming industrial demand.
In the Asian session, at GMT0400, Silver is trading at 31.47, 0.25% higher from yesterday’s close.
Silver is expected to find support at 31.12, and a fall through could take it to the next support level of 30.77. Silver is expected to find its first resistance at 31.66, and a rise through could take it to the next resistance level of 31.85.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
