Silver Movement
Silver prices rose 0.52% to the USD30.04 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 30.03, marginally lower from yesterday’s close.
Silver is expected to find support at 29.82, and a fall through could take it to the next support level of 29.62. Silver is expected to find its first resistance at 30.23, and a rise through could take it to the next resistance level of 30.43.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
