Silver Movement
Silver prices rose 0.12% to USD 16.59 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 16.78, with the silver trading 1.21% higher from yesterday’s close.
The pair is expected to find support at 16.52, and a fall through could take it to the next support level of 16.26. The pair is expected to find its first resistance at 16.95, and a rise through could take it to the next resistance level of 17.12.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
