Silver Movement
Silver prices traded marginally higher against the USD at 17.11 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.19, with the silver trading 0.5% higher from yesterday’s close.
The pair is expected to find support at 16.99, and a fall through could take it to the next support level of 16.79. The pair is expected to find its first resistance at 17.33, and a rise through could take it to the next resistance level of 17.48.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
