Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.25% against the USD and closed at USD17.82.
In the Asian session, at GMT0300, the pair is trading at 17.75, with the silver trading 0.36% lower from yesterday’s close.
The pair is expected to find support at 17.54, and a fall through could take it to the next support level of 17.34. The pair is expected to find its first resistance at 18.00, and a rise through could take it to the next resistance level of 18.25.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
