Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.49% against the USD and closed at USD14.27 per ounce, tracking rise in gold prices.
In the Asian session, at GMT0300, the pair is trading at 14.37, with silver trading 0.67% higher against the USD from yesterday’s close.
The pair is expected to find support at 14.24, and a fall through could take it to the next support level of 14.11. The pair is expected to find its first resistance at 14.44, and a rise through could take it to the next resistance level of 14.51.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
