Silver Movement
Silver prices rose 1.57% to USD 14.58 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 14.875, with the silver trading 2.02% higher from yesterday’s close.
The pair is expected to find support at 14.46, and a fall through could take it to the next support level of 14.06. The pair is expected to find its first resistance at 15.12, and a rise through could take it to the next resistance level of 15.37.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
