Silver: White metal extends its gains in the Asian session

Silver

Silver Movement

Silver prices rose 0.99% to USD 15.37 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 15.45, with the gold trading 0.55% higher from Friday’s close.

The pair is expected to find support at 15.22, and a fall through could take it to the next support level of 14.98. The pair is expected to find its first resistance at 15.59, and a rise through could take it to the next resistance level of 15.72.

The white metal is trading above its 20 Hr and 50 Hr moving average.

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