Silver prices rose 3.07% to USD 17.30 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.285, with the silver trading 0.09% lower from yesterday’s close.
The pair is expected to find support at 16.8883, and a fall through could take it to the next support level of 16.4917. The pair is expected to find its first resistance at 17.5333, and a rise through could take it to the next resistance level of 17.7817.
The white metal is trading above its 20 Hr and 50 Hr moving averages.