Silver Movement
Silver prices rose 0.08% to USD 17.84 per ounce during the 24 hours ending 23:00GMT, amid a rise in the safe haven demand of the precious metals.
In the Asian session, at GMT0300, the pair is trading at 17.74, with the silver trading 0.56% lower from yesterday’s close.
The pair is expected to find support at 17.60, and a fall through could take it to the next support level of 17.45. The pair is expected to find its first resistance at 17.93, and a rise through could take it to the next resistance level of 18.12.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
