Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.19% against the USD and closed at USD15.99 per ounce.
In the Asian session, at GMT0400, the pair is trading at 16.12, with the silver trading 0.78% higher from yesterday’s close.
The pair is expected to find support at 15.99, and a fall through could take it to the next support level of 15.8717. The pair is expected to find its first resistance at 16.20, and a rise through could take it to the next resistance level of 16.28.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
