Silver: White metal rises above $30 per ounce this morning

Silver

Silver Movement

Silver prices rose 1.98% to USD 29.84 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 30.15, 1.06% higher from yesterday’s close.

Silver is expected to find support at 29.54, and a fall through could take it to the next support level of 28.92. Silver is expected to find its first resistance at 30.49, and a rise through could take it to the next resistance level of 30.83.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

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