Silver Movement
Silver prices rose 1.60% to the USD30.84 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 30.83, marginally lower from yesterday’s close.
Silver is expected to find support at 30.46, and a fall through could take it to the next support level of 30.09. Silver is expected to find its first resistance at 31.07, and a rise through could take it to the next resistance level of 31.32.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
