Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD17.13 per ounce.
In the Asian session, at GMT0400, the pair is trading at USD17.14 per ounce, with Silver trading 0.06% higher from yesterday’s close.
The pair is expected to find support at 17.0417, and a fall through could take it to the next support level of 16.9433. The pair is expected to find its first resistance at 17.2467, and a rise through could take it to the next resistance level of 17.3533.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
