Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.48% against the USD and closed at USD17.72, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 17.73, with the silver trading 0.06% higher from yesterday’s close.
The pair is expected to find support at 17.60, and a fall through could take it to the next support level of 17.48. The pair is expected to find its first resistance at 17.82, and a rise through could take it to the next resistance level of 17.92.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
