Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 1.47% against the USD and closed at USD12.77 per ounce.
In the Asian session, at GMT0400, the pair is trading at 12.83, with silver trading 0.51% higher against the USD from yesterday’s close.
The pair is expected to find support at 12.23, and a fall through could take it to the next support level of 11.64. The pair is expected to find its first resistance at 13.30, and a rise through could take it to the next resistance level of 13.78.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
