Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.65% against the USD and closed at USD15.52 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 15.43, with silver trading 0.52% lower against the USD from Friday’s close.
The pair is expected to find support at 15.33, and a fall through could take it to the next support level of 15.23. The pair is expected to find its first resistance at 15.50, and a rise through could take it to the next resistance level of 15.68.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
