Silver: White metal extends its gains this morning

Silver

Silver Movement

On Friday, Silver prices rose 0.26% to USD 17.55 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, the pair is trading at 17.62, with the silver trading 0.4% higher from Friday’s close.

The pair is expected to find support at 17.29, and a fall through could take it to the next support level of 16.97. The pair is expected to find its first resistance at 17.84, and a rise through could take it to the next resistance level of 18.07.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

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