Silver Movement
For the 24 hours to 23:00 GMT, the Silver rose 4.11% against the USD and closed at 15.39, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.405, with the silver trading 0.13% higher from yesterday’s close.
The pair is expected to find support at 15.04, and a fall through could take it to the next support level of 14.68. The pair is expected to find its first resistance at 15.62, and a rise through could take it to the next resistance level of 15.84.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
