Silver Movement
Silver prices rose 0.41% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 14.51, with the silver trading 0.28% lower from yesterday’s close.
The pair is expected to find support at 14.40, and a fall through could take it to the next support level of 14.30. The pair is expected to find its first resistance at 14.64, and a rise through could take it to the next resistance level of 14.78.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
