Silver Movement
On Friday, Silver prices rose 3.93% to USD 17.71 per ounce during the period ending 21:00GMT, tracking gains in gold prices
In the Asian session, at GMT0400, the pair is trading at 17.65, with the silver trading 0.23% lower from Friday’s close.
The pair is expected to find support at 17.02, and a fall through could take it to the next support level of 16.39. The pair is expected to find its first resistance at 18.16, and a rise through could take it to the next resistance level of 18.66.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
