Silver Movement
Silver prices rose 2.72% to USD18.85 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.065, with the silver trading 1.14% higher from yesterday’s close, extending its previous session gains.
The pair is expected to find support at 18.58, and a fall through could take it to the next support level of 18.10. The pair is expected to find its first resistance at 19.32, and a rise through could take it to the next resistance level of 19.58.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
