Silver Movement
Silver prices rose 0.43% to USD 16.29 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 16.465, with the silver trading 1.11% higher from yesterday’s close.
The pair is expected to find support at 16.30, and a fall through could take it to the next support level of 16.13. The pair is expected to find its first resistance at 16.57, and a rise through could take it to the next resistance level of 16.67.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
