Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.50% against the USD and closed at USD 12.11 per ounce.
In the Asian session, at GMT0400, the pair is trading at 12.57, with silver trading 3.8% higher against the USD from yesterday’s close.
The pair is expected to find support at 11.99, and a fall through could take it to the next support level of 11.42. The pair is expected to find its first resistance at 12.90, and a rise through could take it to the next resistance level of 13.24.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
