Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.55% against the USD and closed at USD18.32, extending its previous session gains.
In the Asian session, at GMT0400, the pair is trading at 18.73, with the silver trading 2.27% higher from yesterday’s close.
The pair is expected to find support at 18.32, and a fall through could take it to the next support level of 17.91. The pair is expected to find its first resistance at 19.00, and a rise through could take it to the next resistance level of 19.26.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
