Silver Movement
Silver prices rose 3.01% to USD 17.09 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 16.84, with the silver trading 1.43% lower from yesterday’s close.
The pair is expected to find support at 16.63, and a fall through could take it to the next support level of 16.43. The pair is expected to find its first resistance at 17.12, and a rise through could take it to the next resistance level of 17.41.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
