Silver Movement
On Friday, Silver prices rose 0.75% to USD 14.74 per ounce during the period ending 21:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 14.81, with the silver trading 0.47% higher from Friday’s close.
The pair is expected to find support at 14.58, and a fall through could take it to the next support level of 14.36. The pair is expected to find its first resistance at 15.01, and a rise through could take it to the next resistance level of 15.21.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
