Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.26% against the USD and closed at 15.32, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading 0.07% higher from yesterday’s close.
The pair is expected to find support at 15.21, and a fall through could take it to the next support level of 15.09. The pair is expected to find its first resistance at 15.43, and a rise through could take it to the next resistance level of 15.54.
The white metal showing convergence with its 20 Hr and 50 Hr moving averages.
